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35 Rue De La Gare, 75019 Pa...

Updated Dec 18, 2023

Icade Sells Office Building In Paris For €186M To Olivier Wigniolle
SOLDOffice

Icade Sells Office Building In Paris For €186M To Olivier Wigniolle

35 Rue De La Gare, 75019 Paris, France

$186,000,000

$702/SF

Building Size

264,792 SF

Asset Type

Office

Closing

Jan 3, 2021

About this deal

AI

The property involved in the transaction is an office located at 35 Rue de la Gare, 75019 Paris, in the city of Paris, France. The property has a total square footage of 264,792. The purchase price for this office was €186,000,000, resulting in a price per square foot of €702. The vendor of the property is Icade, represented by Olivier Wigniolle.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: €186,000,000
  • Address: 35 Rue de la Gare, 75019 Paris, France
  • Square Footage: 264,792
  • Price per Square Foot: €702
  • Vendor: Icade - Olivier Wigniolle

Olivier Wigniolle, representing Icade, played a crucial role in this transaction. His presence ensured a smooth deal between the parties involved. Icade, a reputable company in the real estate industry, made this strategic sale of an office property in Paris, France.

Players

Paris Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $702 per square foot on a published $186M for 264,792 square feet (2021).

Browse Paris office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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