About the Commercial Real Estate Energy Alliance
The Commercial Real Estate Energy Alliance (CREEA) promotes technology that will reduce the energy consumption and greenhouse gas emissions of the commercial real estate market. In this section, you will find information about CREEA, including its goals, subcommittees, meetings and presentations, and resources.
With each passing year, those connected to the nation's commercial real estate market— building owners, tenants, and property representatives—have increasing concerns about energy reliability, price volatility, and the potential impact of greenhouse gas reduction policies on profitability. As a result, many in the commercial real estate sector are seeking innovative, high-performance solutions to dramatically reduce energy expenses, environmental costs, greenhouse gases, and overall operating risk. This increased focus on energy efficiency and environmental impact has been matched by a wave of new green technologies that promise to meet the commercial real estate sector's desire for a quantum leap in the sustainability and energy performance of their buildings and businesses. But many of these technologies may be unproven, pose significant operational integration challenges, or are too costly at current prices to meet developers' and tenants' expectations. The Commercial Real Estate Energy Alliance (CREEA) — launched April 9, 2009 with an Executive Roundtable in New York City — aspires to address these issues to meet and exceed the sector's high-performance demand.
Benefits of Joining CREEA
CREEA offers the opportunity to collaborate with the nation's premier building scientists and most prestigious commercial real estate companies on strategies to advance energy efficiency in commercial real estate buildings. For developers, it's a way to stand out in this highly competitive market—cultivating a "green" corporate image, attracting high quality tenants, and generating solid returns. For tenants, it's a highly productive and cost effective operational environment as well as an appealing way to support energy sustainability.