Cerberus sells commercial buildings in Barcelona for €4.2M

Cerberus sells commercial buildings in Barcelona for €4.2M

The US investment fund has sold a commercial complex of ten warehouses in Cabrera de Mar (Barcelona) for 4.2 million euros, according to Brainsrenews.

The asset has sixteen commercial buildings leased to ten long-term tenants. The complex has a total area of 15,000 square meters and a commercial area of 9,400 square meters, divided into six premises on the first floor, six on the ground floor, four in the basement and a car park.

The asset has 100% occupancy and annual income of around 362,000 euros, so the estimated return is close to 7%. The properties are in Cabrera de Mar, next to Mataró and less than thirty kilometers from Barcelona.

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