811 LaSalle
Property Description
LaSaller Plaza is a 30-story, Class A office building in downtown Minneapolis. The C-PACE program finances upgrades to the property, including HVAC and elevators, as it repositions the building. It spans over 620,000 square feet, with 60,000 square feet of retail space and a current occupancy rate of 68.9%.
Loan Usage
The C-PACE loan was a part of the project's total expected cost of $49.5M, and was utilized to cover energy efficiency and renewable energy measures.
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