Commercial Real Estate News:
an Israeli supermarket chain is leasing, a commercial space of 3,500 sq.m. in the commercial center of Harish, Israel. The lease is for 8 years with a tenant option after the eighth year to extend the lease for up to twenty years. The commercial center was developed by HANAN MOR GROUP – HOLDINGS LTD.
A subsidiary of BIG SHOPPING CENTERS LTD
has acquired an 80% stake in a lifestyle outlet mall in Sparks, Nevada, (approx. 32,000 sq.m.) for $ 76 million.
The Jerusalem Economic Corporation LTD
has signed a contract with a third party to sell an office building in Paris for €71 million. The closing is subject to a condition precedent, whereby the city will forgo exercising a first right of refusal to acquire the property.
has signed a lease for five floors (circa 12,000 sq.m. and 100 parking spaces) in the new Azrieli Sarona Tower for seven years. Facebook has an option to lease an additional 5,000 sq.m. in the property. The estimated rental rate per sq. m. is ILS 145 per month, making it one of the most expensive leases in Israel this year.
Commercial Real Estate Opportunities:
For lease in Gedera, Israel, commercial units from 40 sq.m. in a new neighborhood commercial center.
For lease or sale, a new office building in Netanya, Israel. 15,000 sq.m. flexible floor-plate, for occupancy in 18 months.
For lease a 1,500 sq. m. open space office in Yokneam, Israel.
For lease a 400 sq.m. open space office at Ampa House in Tel Aviv, Israel.
For lease office several office units in The Museum Tower in Tel Aviv, Israel
The purpose of this Newsletter is to update you with Commercial Real Estate information related to companies from Israel. The information contained herein does not constitute an opinion or professional advice. It is recommended to use the information detailed in this Newsletter only after consultation with the appropriate professional consultants from our office.
Propertech Real Estate is a commercial real estate boutique, a leader in providing professional and unique brokerage services for office spaces, logistics spaces, commercial buildings, brokering and negotiating investment real estate transactions, land, etc,
managed by Avi Gimpel and Guy Amosi.