Aguirre Newman And Cushman & Wakefield to Commercialize Recoletos 4 Iconic Building

4/04/2014 – El Mundo

Real estate advisors Aguirre Newman and Cushman & Wakefield have been named to trade the emblematic Recoletos 4 building. The property is located adjacently to the Plaza de Cibeles Square in Madrid. It has got a Gross Lettable Area of 3.704.28 square meters and 21 parking spaces.

Its privilaged location is proven by numerous private and public access ways (such as taxi, parking, bus, underground and Cercanías Renfe (suburban railway division), let alone the easy access to the M-30 ring-road and to the airport). Moreover, all nearby facilities and the presence of companies and brands known world wide add to the attractiveness of the spot. For instance, the Recoletos 4 building´s immediate neighbours are the Bank of Spain, Casa de América or the Prado and the Thyssen Museums.

In order to improve the building structure, comprehensive refurbishment works will be started soon with view to convert the property into a modern, open-plan area by applying the best quality, state-of-the-art technology and own facilities of the first-class office building. (…).

The refurbishment will involve roof and floor renovation, installation of individual air-conditioning system, high-performance LED downlights, an emergency generator, an access for wheelchairs, toilet renewal, revision of elevators and finally obtaining the B-band certification for energy performance of buildings.



Original article: El Mundo

Translation: AURA REE