Arcueil Property - 59 avenue vladimir ilitch lenine 94110 Arcueil (France)

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LOCATION Arcueil
TARGET MARKET Southern Inner Rim
DESCRIPTION Located in the “Vache Noire” district, an urban redevelopment sector in the inner southern suburbs of Paris, the asset is fully let to Orange Group (mobile division of France Telecom) with a long term lease until December 31st 2021. It was built in 1969 as a turnkey project for France Telecom with an H layout. The building houses the support functions of the Orange Group including the Information Systems management. It was the first and original building of the “Orange Village” comprising 6 buildings in Arcueil. The asset consists of 9 upper levels and 2 basement levels, with 253 parking spaces (40 outdoor and 213 indoor) with office floor plates of approximately 2,500 sq.m. The ground floor houses the central restaurants of the “Orange Village” fully refurbished in 2013.
TOTAL GLA 330,678 sq.ft
OFFICE GLA 330,678 sq.ft
OCCUPANCY 100%
PARKING 253
BUILT 1969
RENOVATED 2012
WALT 6.61 years
% OF TOTAL GLA 23%