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Lone Star PACE, a leading administrator of Texas’ Commercial Property Assessed Clean Energy Program, today announced it helped arrange $16.7M in C-PACE financing for Garages of America, a luxury car storage facility in the Dallas-area suburb of Carrollton.
The 125,000-square-foot facility at 2308 and 2328 Marsh Lane will include 67 luxury garage suites, six flex-office units and a secure indoor parking facility for up to 120 vehicles. It is the second phase of an existing Garages of America development located on the adjacent site.