Projects
Madison Equities
- Location: St. Paul, Minnesota
- PACE Eligible Measures: HVAC upgrades with controls, Variable frequency drives, Efficient lighting with controls, Air handling units, Chillers and boilers
- 375 Jackson
237,819 SF
Built in 1981 - First National Bank Building
662,845 SF
Built in 1914 - US Bank Center
379,295 SF
Built in 1973
- $10.2 Million
C-PACE - $1.4 Million
Annual Savings - $27.6 Million
Cumulative Savings
Madison Equities, Inc. is a private real estate company that has interests in office, retail investments and hospitality in St. Paul and Ramsey County. The Company’s focus is to acquire, manage, and lease its investments internally, with its own staff. Madison Equities is one of the largest office owners in Ramsey County and owns multiple properties across Minnesota.
Full Case Study
Jim Crockarell
Principal of Madison Equities"When we purchased this historical property last year, it was clear that we could make this class-A building substantially more energy-efficient. We feel a great responsibility to preserve the integrity of this landmark. Working with St. Paul Port Authority and Petros PACE Finance made this extensive revitalization undertaking a manageable process."