Northridge Center is a 34,140 SF multi-tenant retail center on a 121,724 SF site. The subject was constructed in 1960. The property contains 12 suites, one of which has a restaurant finish-out. The utility saving components that were installed included building envelope, lighting and HVAC improvements.
Impact
By obtaining a C-PACE loan, the property owner was able to finance upgrades to the building envelope, lighting and HVAC systems, which enabled Dallas County to further its sustainability and economic development goals. The improvements are expected to reduce the property’s annual electricity usage by 80%.
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