Originally published on June 6, 2024, by Brielle Scott for NAIOP.
Rooftop and community solar projects can advance sustainability and ESG objectives, unlock a new revenue stream, enhance community relations, and boost property values. At I.CON East this week, NAIOP New Jersey CEO Dan Kennedy moderated a panel of speakers including Matt Schlindwein, P.E., managing partner for Greek Real Estate Partners; Mark Schottinger, president at Solar Landscape; and Kat West, LEED AP, director of sustainability at Turner & Townsend, to explore the transformative potential of rooftop and community solar projects for the industrial real estate sector.
Schottinger was direct from the start: “If you’ve got a warehouse, I want to lease your roof.”
Solar power, historically, meant solar panels on the roof generated power that was used by whoever was in the building, with zero potential for scalability.