PwC Headquarters, Mexico City

The Cross Border Investment team were able to assist the client on an open deal bid amongst many other institutional buyers.

The build to suit property was completed in June 2000 and serves as the Mexico City office headquarters for the consulting firm Pricewatherhouse Coopers, which occupies the entire 8 story, 22,475 m2 (letable area) office building under a remaining 8 year lease contract. This transaction recorded the highest investment done on a 100% stake of a single asset office building in Mexico.

 

Buyer:       Deka Immobilien GmbH

Price:        $111 M

Cap Rate: 7.93%