Eichholtz, Kok, and Quigley (2010)
Eichholtz, Piet, Nils Kok, and John Quigley. "Doing Well by Doing Good? Green Office Buildings." American Economic Review, 2010.
From the authors' abstract: "We analyze clusters of certified green and nearby buildings, establishing that [green] 'rated' buildings command substantially higher rents and selling prices than otherwise identical buildings. Variations in premiums are systematically related to energy-saving characteristics. Increased energy efficiency is associated with increased selling prices -- beyond the premiums paid for a labeled building. Evidence suggests that the intangible effects of the label itself may also play a role in determining the values of green buildings in the marketplace.
LK comment: A pioneering analysis of the impacts of sustainability practices on real estate economics. These analysts really pioneered this field.