Project Description

GRENOBLE (38)

Acquired during the 4th quarter of 2016

OFFICES OPPORTUNISTIC MEDIUM TERM DETENTION 100%
0M€
DEED IN HAND PRICE
0M2
SURFACE

Building Description

Composed of two adjacent and connected buildings from which the entry point is situated from building A, avenue de l’Europe on 7 levels. Building D has 4 levels and incorporates the caretaker’s apartment. This office building, built in 1974, does not contain asbestos. Some consistent maintenance construction and renovation has been done (facelift, waterproofing, parking compliance, etc.) and disposes from functional levels that are adaptable depending on the market. The parking is underground on 3 levels and contains 283 spots.

Rental Situation

22 tenants from which the most important are “la Métropole de Grenoble” and “la Mutuelle Française Isère ». The other tenants being a mutitude of small and medium-sized enterprises and associations such as “la Croix Rouge”.