In April 2012, Northwood acquired One Warrington Place, a 6-story, Class A office building with a rentable area of 56,000 square feet located in the D2 submarket of Dublin, Ireland.
The building was completed in 2008 and was built to one of the highest specifications in Dublin. During Northwood’s ownership, the property was fully leased to Bord Gais Eireann, a state-owned energy company and had very efficient floorplates with light on three sides and an excellent environmental rating. The property also featured 31 car parking spaces with two car lifts to service the underground parking.
Investment Period: April 2012 – July 2014