EXCLUSIVE: $40M C-PACE Loan Funds Data Center Development At Former Compaq Campus in Northwest Houston

The 2.3M SF former Compaq Computer campus in northwest Houston will house a 774K SF modernized data center with the help of $40M of green financing, deal participants shared exclusively with Bisnow.

Lone Star PACE and Nuveen Green Capital secured the commercial property assessed clean energy financing for the first phase of VivaVerse Solutions’ “deep retrofit” of a 774K SF facility at 11445 Compaq Center W. Drive, according to a news release. The building is part of the 66-acre campus at State Highway 249 and Louetta Road that was rebranded as Viva Center earlier this year. 

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