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NEW ORLEANS — JLL has arranged a $61 million loan for Energy Centre, a 757,257-square-foot office tower located at 1100 Poydras St. in New Orleans. Situated in city’s central business district, the Class A, 39-story building is the fourth-tallest property in New Orleans, according to JLL.
Scott Aiese, Alex Staikos and Clayton Ross of JLL arranged the fixed-rate, five-year permanent loan on behalf of the borrower, Triangle Capital Group.
Fully renovated in 2009, Energy Centre was 86.4 percent leased at the time of loan closing to a tenant mix that includes legal, finance, medical and other professional services, with a weighted average lease tenure (WALT) of nearly 18 years.