W. P. Carey Selected as 2024 Green Lease Leader
NEW YORK, April 4, 2024 /PRNewswire/ -- W. P. Carey (W. P. Carey, NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced it has been named a 2024 Green Lease Leader by the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance.
- NEW YORK, April 4, 2024 /PRNewswire/ -- W. P. Carey (W. P. Carey, NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced it has been named a 2024 Green Lease Leader by the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance.
- Launched in 2014, Green Lease Leaders sets standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy and water efficiency, cost savings, air quality improvement and sustainability in buildings.
- We seek to include green lease provisions into all new leases as part of our proactive approach to drive emissions reduction and energy efficiency across our portfolio."
- In 2023, W. P. Carey executed 45 green leases totaling 13.8 million square feet of assets.