Vanves Property - 2/4/6 rue Auguste Comte 92170 Vanves (France)

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LOCATION Vanves
TARGET MARKET Greater Paris Region - Southern Inner Rim
DESCRIPTION The property is a three-building office complex constructed in 1982 and located opposite one of the main entrances to the Paris Exhibition Center. The three buildings are located at the addresses municipally known as 2 rue Auguste Comte, 92170 Vanves France (the “Berry Building”), 4 rue Auguste Comte, 92170 Vanves France (the “Artois Building”) and 6 rue Auguste Comte, 92170 Vanves France (the “Bearn Building” and, collectively with the Berry 1 Building and the Berry 2 Building, the “Vanves Property”). The Berry Building consists of 82,269 square feet (7,643 square metres), the Artois Building consists of 81,059 square feet (7,531 square metres) and the Bearn Building 95,344 square feet (8,858 square metres) for an aggregate total GLA of 258,675 square feet (24,031 square metres) for the entire Vanves Property. Inovalis has managed the property since December 2, 2004. The Vanves Property is located in a suburb of Paris known as Vanves and benefits from high visibility as it is served by a comprehensive road and public transportation network. Vanves is one of the most densely populated municipalities in Europe and the tenth largest (by population) in France. The Vanves Property has a total of 456 parking spaces.
TOTAL GLA 258,675 sq.ft
OFFICE GLA 258,675 sq.ft
RETAIL GLA 0 sq.ft
OCCUPANCY 98.8%
PARKING 455 units
BUILT 1982
GROSS INCOME -
WALT 4.66 years
% OF TOTAL GLA 18%