Arbitrage RE successfully promoted and sold a 5,300m2 office building located at 16 Kifissias Avenue and Halepa in Marousi, Athens's Northern Business District (NBD).
The brokerage team identified interested buyers, negotiated and successfully concluded on the behalf of the owners the sale for €6,3M to GreCo Fund, managed by Dromeus Capital, an alternative investment manager. The sale includes the office building together with 67 parking spaces.
The main tenants are Medifirst on the ground floor and Interamerican on 4th floor. Space is also occupied by national media company, The new owner’s plan is to refurbish the office property to modern standards, promote the vacant space and fully let starting from €17/m2.
