Feb 25, 2026
KEY TAKEAWAYS: JLL secures $61 million fixed-rate, five-year loan for Energy Centre. 757,257-square-foot Class A tower is 86.4% leased. Property includes 982 covered parking spaces in downtown New Orleans. Refinancing reflects lender demand for stabilized office assets.   JLL has secure d $61 million in refinancing for Energy Centre, a 39-story Class A office tower in downtown New Orleans, providing long-term debt for one of the city’s most prominent office properties. The firm announced it arranged a fixed-rate, five-year loan on behalf of borrower Triangle Capital Group for the 757,257-square-foot building at 1100 Poydras St. in the Central Business District. Energy Centre is the fourth-tallest building in New Orleans and is considered one of the city’s marquee office addresses. The refinancing comes as the property reports occupancy of 86.4%, led by law and mediation firms that account for more than half of leased space. Other tenants include finance, medical and professional services firms. The building’s weighted average lease term is nearly 18 years. “Energy Centre is a premier asset in the heart of New Orleans’ central business district, and this refinancing reinforces our long-term conviction in the property,” said Adam Ashourzadeh of Triangle Capital Group. “We have strong momentum on the leasing and management front, and we look forward to building on that.” Designed by HKS and renovated in 2009, the tower sits on a 6.7-acre site and offers 982 covered parking spaces — 536 on-site and 446 in an adjacent garage on Loyola Avenue — a feature that distinguishes it in a market where parking can be limited. Scott Aiese, a senior managing director at JLL who led the financing team alongside directors Alex Staikos and Clayton Ross, said the property’s occupancy and location helped drive lender interest. “Energy Centre represents a trophy stabilized office tower that is widely considered a top office property in New Orleans,” Aiese said. “The property’s exceptional occupancy near 90 percent, combined with its unrivaled parking access and trophy location, positions it as a premier asset backed by best-in-class sponsorship.” The building is within walking distance of the Caesars Superdome, Smoothie King Center and the French Quarter. It also offers access to Interstate 10 and U.S. 90, nearby Amtrak service with airport connections and multiple streetcar lines, factors that can support tenant retention and recruitment. The refinancing underscores continued lender appetite for well-leased, institutional-quality office assets in prime locations, even as the broader office market faces pressure from shifting workplace trends. New York-based JLL, a publicly traded commercial real estate services firm, reported $26.1 billion in annual revenue and more than 113,000 employees worldwide as of the end of 2025. Triangle Capital Group, founded in 2009, focuses on real estate investments across the capital stack. The firm says it has completed more than $2.5 billion in acquisitions across more than 30 states. ...read more read less
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