Brief
Nuveen Green, Lone Star PACE Provide $8M C-PACE Loan for West Houston Retail Project
HOUSTON — Nuveen Green Capital and Lone Star PACE have provided an $8 million C-PACE (Commercial Property Assessed Clean Energy) loan for Ashford Yard, an 83,000-square-foot retail project in West Hou
Summary
HOUSTON — Nuveen Green Capital and Lone Star PACE have provided an $8 million C-PACE (Commercial Property Assessed Clean Energy) loan for Ashford Yard, an 83,000-square-foot retail project in West Houston.
Ashford Beer Garden has preleased 21,000 square feet as the anchor tenant of the development.
Loan proceeds will be used to install a high-efficiency building envelope and windows, upgraded HVAC systems, enhanced lighting fixtures and water systems with low-flow plumbing fixtures. The borrower
Source
- REBusinessOnlinerebusinessonline.com
