Icade signs an off-plan lease for 51,000 sq.m of office space in the future Origine building in Nanterre
Icade and TechnipFMC have signed an off-plan lease agreement for approximately 51,000 sq.m in the Origine building for a term of 9 years with no break option starting on completion of the building, which is scheduled for late 2020 . TechnipFMC will thus be able to bring all its employees together currently spread over several sites in the Paris region.
The project is ideally located in Nanterre: next to the Nanterre Préfecture RER A station (Regional Express Network rail line), the Eole RER E station, the Nanterre-La Folie station including Grand Paris Express Line 15 and 500m from the Grande Arche and the Coeur Transport multimodal hub. Origine will strive for the highest environmental certifications and labels (HQE, BREEAM, LEED, BIODIVERSITY or BEPOS).
With a total floor area of about 67,000 sq.m, this development will put innovation in the spotlight through both the choice of building materials (wood and concrete) and services for the users.
This agreement has allowed Icade to pre-lease 80% of the development. It demonstrates the company’s ability to launch large-scale projects on its own land bank and lease them to first-class tenants.
The Origine project further features 145 housing units totalling about 10,800 sq.m. which will be developed and sold by Icade Promotion.
This project is being designed through the collaborative efforts of Maud Caubet Architectes and Quadrifiore Architecture.
For this transaction, TechnipFMC was advised by JLL and law firm GIDE, and Icade by law firm LIGL.