Repurposing Industrial Property Roofs with Solar Panels

Photo by: The Boston Globe
With vacancy rates as high as 8.0% for industrial properties in the Boston commercial real estate market, many have been searching for a way to keep their businesses out of the red. One of the new innovations as of late is the re-purposing of industrial building’s roofs for solar panel leasing.
Companies are coming to industrial property owners, are leasing their roofs, installing solar panels, and are creating a mutually beneficial relationship. These companies who are interested in the roofs are usually third-party solar companies who are looking for greater square footage to install their…