The industrial real estate market is facing increased scrutiny for more sustainable environments. Investors are diving deeper into a company’s performance in ESG categories, tenants want modern, efficient operating environments and local laws are directly impacting the way industrial real estate building owners operate their properties.
With pressure to satisfy ESG demands for a sustainable building portfolio, it’s challenging to justify the investments required to meet investor demands. The need to quickly determine the best way to move forward with sustainability initiatives is critical in avoiding forced strategies and initiatives from investors.
In order to better compete for tenants, industrial real estate owners need to differentiate themselves. Implementing value-add services such as having make-ready programs available, modernizing facilities, and financing energy upgrades for tenants during lease terms are just a few examples.
With a focus on sustainability, simply having a plan is no longer enough. The need to show meaningful progress and results is critical to meet the rising demands for sustainable environments.
Your Tenants Expect This:
A study from Oxford Economics highlighted that,
88% of companies are now prioritizing sustainability
68% of industrial business leaders have reduced energy consumption at their businessesThe most critical part of the ESG implementation process is execution. You will need to streamline and accelerate your facility upgrades to provide optimal environments for your tenants and ensure your investors are satisfied with your progress. Not to mention the time needed to coordinate with tenants to implement upgrades without disrupting day-to-day operations and aligning on financial and environmental goals through green leases with tenants.
But navigating through the implementation process across a large portfolio presents many logistical and financial roadblocks. Managing a large scale ESG rollout requires:
“We are very pleased with the work conducted by the SitelogIQ team; it was completed in the timeframe that we required. You are truly a great partner for CRL. SitelogIQ knocked it out of the park!”
“I hear only good things about how the projects managed and executed”
“SitelogIQ has the flexibility in executing the project to minimize production shutdown.”
“SitelogIQ had a great deal of experience…we were able to work around operations without any disruption.”
“Partnering with SitelogIQ has been an essential enabler for our continued efforts to create a best-in-class facilities infrastructure. SitelogIQ’s work across 40 million square feet of distribution centers drives continuous improvement in productivity and workplace safety, all without increasing energy consumption. Form multi-year capital planning to trouble-free project implementation and detailed tracking, SitelogIQ makes it easy to accelerate facility improvement initiatives nationwide.”
“We had a very good response from our operations people. The members on the floor really appreciated the improved light.”
“Employees are more satisfied with their work space, we have optimized resources by eliminating lighting maintenance from building maintenance staff.”
By taking a centralized approach to ESG, you’ll accelerate your progress, have consistent results, and have supporting ESG data. An end-to-end managed ESG program focused on mobilizing and monitoring your ESG strategy will help upgrade your facility environments and free up valuable time to focus on other important initiatives.
Your organization will experience the following benefits within six months:
With SitelogIQ as your partner, your sustainability program will stand up to the highest scrutiny from investors and tenants.
SitelogIQ is a premier ESG implementation partner with nationwide reach and years of experience working with industrial real estate clients. We’ve completed 3,279 projects and counting, saving our clients over $12 million on utilities each year. Our asset, construction, and maintenance teams save clients 2.4 million hours annually. Partner with us for substantial time and financial savings.
Our turnkey solutions allow industrial real estate owners to move from the planning phase to execution. With SitelogIQ, you will initiate concrete environmental, social, and governance (ESG) plans and collect the information you need to communicate results to investors and tenants. Our industrial real estate clients experience benefits such as:
Our team of experts handle every step of your ESG program including:
At SitelogIQ, we’ve helped industrial real estate owners and operators implement cost-effective ESG strategies with our end-to-end centrally managed programs that include solutions such as:
Complicated building projects have a lot of moving pieces. When it comes to meeting deadlines and staying on budget, training and theory are no substitute for on-the-ground experience. That’s why it’s so important to work with a partner with a demonstrated record of success.
Executing and reporting an effective ESG plan will boost your bottom line while keeping investors and tenants happy. At SitelogIQ, we have the experience to work with your company through industrial ESG improvements. We encourage you to get in touch for more information on ESG for industrial real estate companies through SitelogIQ.
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