Building for Sale

Year of Construction 1994; Refurbished in 2014 and 2020; Total area approx. 6,350 m²

The investment opportunity is situated in Baranzate, just north west of Milan. The property composed by an office building, with 6,350 sqm of existing offices (with a further 1,000 sqm residual expansion capacity). The building is distributed over four floors, all above ground. All floors offer a regular layout and shape, the ground floor is slightly larger due to not having an internal atrium, as per the remaining floors. This enables a choice of occupational solutions, including single offices and open plan format.

The property has been subjected to analysis and is certifiable BREEAM in use - GOOD.

Baranzate is located to the north west of Milan’s immediate hinterland, near the towns of Rho, Arese, Novate Milanese and Pero. These areas are significant points of reference for Real Estate investments relating to Office, Logistics and Industrial asset classes, considering their proximity to the motorway network and lower prices compared to the city center of Milan. The property is strategically located close to multiple points of attraction.
•The complete regeneration of MIND will bring a new reputation and appeal to the area. With one million square meters of area, the new innovation district will represent ‘a bridge’ between the peripheral and central zones of Milan. It will be a unique point of reference in Europe from the perspective of sustainability and wellness integrated with urban functions.
•The Sacco and The Galeazzi Hospitals, two of the leading health centers in Northern Italy are located close by.
•The area of Baranzate is home to many industrial end users and logistics operators, both national and international companies, who have taken into account its proximity to main roads and the distance to Milan’s city center. S. C. Johnson Italy is headquartered nearby, as well as Solvey Solutions, Wind Tre S.P.A. and Sarpi Waste Services Italy.
•Within the MIND project, a new campus of the University of Milan and other companies will relocate their headquarters. The Human Technopole Research Foundation is already based in the ex-Italian pavilion of Expo2015 (Palazzo Italia).
The property benefits from an excellent location. Please find below some key transport connections and their respective distances / time from the subject property:
1 km from the MIND development, 3 minutes by car; 15 Km from Linate airport, 30 minutes by car; 32 Km from Malpensa airport, 35 minutes by car; 4.1 Km from Rho Fiera-Milano M1 underground and railway station; 18.6 Km from Milano Centrale train station, 30 minutes by car.