Colombes, FranceColombia Business Park

This property consisted of 4 office buildings with a total of about 22,000 sqm of space and a warehouse of 3,600 sqm located in a self contained business park. 

The site is located in the town of Colombes, a northwest suburb of the city of Paris.

The property was purchased by a TIGRE advised fund from French institutional investors. At the time of acquisition, the property was approximately 70% occupied. TIGRE then negotiated a long term lease for the vacant space with a French defense contractor.

The property was purchased for 18,500,000 Euros with 80 % of the purchase price provided by bank financing.

The property was sold 43 months after the date of acquisition for a sales price of 33,000,000 Euros.

  • Location: Colombes, France
  • Project Type: Business Park
  • Size: 4 office buildings of 22,000 sqm
    warehouse of 3,600 sqm