Oxford Properties takes PARISQUARE after Publicis signs up
Canadian fund commissions Turnbull Associés for extensive building survey of 23,000m2 office development in Paris 11th arrondissement
The development, described as an urban campus, is an extensive refurbishment and partial rebuild of a 50,000 m2 multi-storey car park dating from the 1930’s carried out by Crédit Agricole Immobilier in on behalf of a fund represented by Tristan Capital Partners.
The resulting office complex comprises five buildings linked by open-air walkways set around two landscaped courtyards. The ground floor of the site is given over to local shops and a community music and dance centre.
The development was completed in late 2014 and fully let to Publicis in 2015. Oxford Properties was advised by Hines who managed the acquisition process.