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Lakeville 35 Logistic Center

C-PACE AMOUNT
$4M
Property Type
Industrial
Project Type
New Construction
STATE
Minnesota
L35 Logistics

Property Description

Lakeville 35 Logistics Center is a 189,678 square foot spec industrial project along Highway 70. The project will include 19 dock doors, 32-foot clear height, and office space to accommodate the growing need for more efficient warehousing and distribution spaces.

Loan Usage

C-PACE was used to finance energy conservation improvements tied to the construction of this property. The loan came in to replace expensive preferred equity, increase leverage and boost the borrower’s returns.

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