Former Electrolux Facility, Naas Road, Dublin 12
Iconic HQ Facility on the Naas Road for sale
Dublin, 3 June 2016 – CBRE have been instructed to handle one of the highest profile industrial disposals in recent years with the release of the landmark Electrolux HQ facility on the Naas Road.
The Former Electrolux facility is one of the most iconic buildings on the Naas road and represents another prestigious N7 disposal for CBRE, following the recent sale of the Precinct Site and Gateway site.
The Electrolux HQ comprises of high quality warehousing and feature red brick two storey offices extending to 8,559 sq. m (92,130 sq. ft.) on a secure site of approx. 4.70 acres (1.9 ha). The twin span warehouse benefits from extensive loading access via 15 loading bays, aided by the property’s substantial circulation space. The feature red brick offices incorporate contemporary showrooms, both open plan & cellular offices and a modern reception area. This detached HQ fronting Naas Road is situated on a secure site accessed via the Robinhood Road off Long Mile Road.
The Naas Road (N7) links directly to the M50 motorway by means of a full interchange, thus making the property easily accessible to all of the main national routes leading to and from the city. The Kylemore Luas stop is located within short walking distance from the property providing rapid access to Dublin’s City Centre. Notable occupiers in the immediate area include Woodies, Homebase, Atlantic Homecare, BMW, McDonalds and FBD Group.
CBRE are selling by way of Private Treaty and seeking offers in excess of €4 million exclusive.
This property represents one of the best opportunities in recent years to acquire a high profile HQ on a pivotal site along the Naas Road. We expect strong interest from both owner-occupiers and investors given the extensive shortage of industrial stock on the market.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 165 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, business rates and compulsory purchase, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.