Triangle Capital Group Secures $61 Million Loan For Energy Centre Office Tower In New Orleans

The property asset involved in this transaction is the Energy Centre office tower, located at 1100 Poydras Street in New Orleans, LA. The asset spans 757,257 square feet and is managed by Triangle Capital Group. A loan amount of $61,000,000 has been secured for this property, provided through a fixed-rate, five-year permanent loan.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $61,000,000
• Loan Terms: fixed-rate, five-year permanent loan
• Address: 1100 Poydras Street
• Market: New Orleans, LA
• Square Footage: 757,257
• Landlord: Triangle Capital Group
• Brokers: Scott Aiese, Alex Staikos & Clayton Ross - JLL

Key individuals involved in this transaction include Scott Aiese, Alex Staikos, and Clayton Ross, who represent JLL in the role of brokers for Triangle Capital Group in securing the financing for the Energy Centre office tower.