• Transaction / Assets
    4 office buildings, Avalon Business Park
  • Seller
    Santander
  • Buyer
    GreenOak
  • € MM

GreenOak Acquires 4 Office Buildings In Madrid’s Avalon Business Park

24 August 2015 – Mis Oficinas

The US fund GreenOak has purchased four office buildings from Banco Santander. The offices, which are located on Calle Santa Leonor in the Avalon Business Park (Madrid), have a combined surface area of 21,170 m2 and 353 parking spaces. In May, Meridia Capital purchased the other five buildings that make up the park (spanning 25,785 m2 and with 423 parking spaces) from the Naropa family office.

The main tenants of these offices include Arcelor, Konecta and Tatacs. All three lease more than 1,000 m2 of office space each.

GreenOak, founded in 2010, has a portfolio of assets under management worth $5,400 million.

Original story: Mis Oficinas

Translation: Carmel Drake

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