Hines, the global real estate firm, announces the lease, in joint venture with a major institutional investor, of 6,500 square metres of office space to Wacano, a subsidiary of the Chamber of Commerce and Industry of Paris Île-de-France, and IT services provider, Septeo, at Workstation. Hines is the asset manager of the Workstation building.
The workstation building is located on the banks of the River Seine, close to Paris La Défense, in Courbevoie. The property spans c.41,000 square metres with 3,500 square metres of high-quality amenities including: a 200-seat public auditorium, a lounge, 3 restaurants, 2 wellbeing areas, a 600 square metre fitness center, 700 car parking spaces, 100 bicycle spaces and concierge services. In addition, Workstation has 1,500 square metres of garden and a 350 square metres roof terrace.
Wacano will move into the space in July 2022 on an 11-year lease occupying 2,869 square metres across two floors for local entrepreneurs and start-ups in addition to providing support services for local business growth. In October 2022, Septeo’s management team will move into Workstation committing to 3,716 square metres of space on an extendible long-lease, part of which provide idealistic views of the Seine.
Wacano and Septeo join Eurogroup, I-Tracing, Kantar, LG Electronics, MG Motors, and Promotrans at Workstation. Workstation continues to maintain strong leasing momentum and has 15,500 square metres now available.
“In just 6 months, 20,000 square metres of space has been leased at Workstation to a mix of public and private sector companies. This validates our value-add strategy at Workstation with a major refurbishment completed including provision for multiple high-end services placing strong emphasis on ESG. To meet the expectations of tomorrow’s workers, the building is reminiscent of a high-quality hotel which continues to attract companies on long leases,” commented Xavier Musseau, president of Hines in France.
Source: hines.com on the 11th of May 2022
https://www.hines.com/news/workstation-in-paris-secures-two-new-tenants