DALLAS, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Nuveen Green Capital, a leader in sustainable commercial real estate financing solutions, in conjunction with Lone Star PACE, a leading administrator of Texas' C-PACE programs, has facilitated $5.5 million in C-PACE financing for a 1.1-million-square-foot multi-tenant office tower located at 600 E. Las Colinas Blvd. In the Dallas-area suburb of Irving.

The 22-story high-rise, situated in the heart of the Las Colinas Urban Center, underwent HVAC and automation controls upgrades in August 2024 that qualified for Commercial Property Assessed Clean Energy (C-PACE) financing. The property owner is retroactively financing these improvements through C-PACE, leveraging the program's long-term, fixed-rate structure to enhance cash flow and preserve capital.

Sean Ribble, Senior Director of Originations at Nuveen Green Capital, said:

"It was a pleasure to partner with Convergent Capital Partners and Lone Star PACE to provide C-PACE financing for the Las Colinas Office Tower in the growing city of Irving. By recapitalizing previously installed energy efficiency measures through C-PACE, the sponsor was able to restructure their capital stack to improve cash flows while ensuring the asset's long-term profitability.

We are proud to see increased adoption of C-PACE as a ...