Icade sells ‘La Factory’ building in Boulogne and signs a new lease (FR)

Icade announces having signed a bilateral sale agreement for the ‘La Factory’ building with a first-rate investor, at a price of €103 million net seller.

This sale is taking place after the signature of a new lease for an area of 5,400 m² and 104 parking spaces, for a firm period of nine years, which brings the rate of occupation of the building to more than 85%.

Located in the very heart of the Trapèze in Boulogne, the building was designed by the architect Josep-Luis Matteo. It has a total of 14,000 m² of offices on seven levels, has an inter-company restaurant and 250 parking spaces in the basement.

Source: Icade

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