140 Cedarville Properties

Financing Amount: $3,050,000

Property Summary:

140 Cedarville Properties, located at 140 Cedarville Rd, Easton,
Pennsylvania 18042, has secured $3,050,000 in C-PACE financing.
C-PACE financing was utilized to fund several energy and water
conservation measures. 140 Cedarville Properties, LLC is the
borrower, and Greenworks Lending, LLC is the capital provider.
Sustainable Energy Fund (SEF) is the program administrator of the
Northampton County C-PACE Program. As such, SEF has ensured the
compliance of this project with the Act 30 Statue and Northampton
County C-PACE Program Guidelines for a new construction building.

140 Cedarville is a ground-up construction, 118,000 square foot
3-story building. The property will serve as a Class A self-storage
facility with 971 climate-controlled units. The as-designed energy and
water conservation measures include the building envelope, lighting,
HVAC systems, and low-flow plumbing fixtures. As-designed energy
conservation measures were reported to reduce electricity
consumption by 253,311 kWh or 33% per year compared to a
baseline (code minimum) building. These energy savings were
reported to have an annual value of $40,381. This project is also
estimated to save 614 gallons of water annually.

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