Torus sells Argon office building in Gdańsk

Developer Torus has sold Argon, the third phase of the Alchemia office complex in Gdańsk, to Philippine investor ISOC Group. The value of the transaction, which was brokered by Cushman & Wakefield and Augusta Cracovia and is the biggest investment deal to have been signed in the Tri-city office market to date, amounts to approximately €92 million net. The Argon building comprises almost 38,000 sqm of GLA and is currently nearly 90 percent leased out to such tenants as Lufthansa Systems Poland and Marine Harvest. The property is LEED-certified at the “Platinum” level.