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October 26, 2020

Increase Your Asset’s NOI with Solar Rooftop Tenants

By Partner ESI

Ten years ago, the idea of a commercial real estate owner using their roof as a solar tenant space seemed complicated and expensive. However, the adoption of solar photovoltaic (PV) technology at a massive scale over the past decades has drastically reduced costs associated with PV equipment, installation, and maintenance. The reduced hard costs along with a more favorable regulatory environment has magnified the potential income that can be made from rooftop solar.

In this GlobeSt article, we discuss the different options available to CRE owners to financially structure commercial rooftop solar arrays so that they can profit from an otherwise unused portion of their building. In addition, he reviews items that help make for a good rooftop solar candidate as well as addresses typical concerns and misconceptions about it.

CLICK HERE for the full article.

About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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