Newburgh Towne Center

MISSION

Starting in 1999, Cofinance Inc., incrementally developed a grocery-anchored shopping center in Newburgh, NY. Today, the asset features such national tenants as Stop & Shop, Marshalls, Dollar Tree and AT&T.

Newburgh Towne Center

Newburgh (New-York)

TEMPSAcquisition of land and development of a shopping centre.

Surface area of 146 000 square feet

227 West 61st

MISSION

In 2005, Cofinance Inc. acquired an office building built in 1927 and renovated in 1981, with an area of 74,000 square feet in New York City. The building is leased by the city and occupied by the Beacon School. The rent (NNN) is $3.3 million per year. The value at the end of 2015 is estimated at more than $70 million.

227 West 61st – MANHATTAN

Manhattan (New York)

TEMPSAcquisition of an office building in 2005

Surface of 74 000 square feet

Airport Center

MISSION

In 1992, Cofinance Inc. acquired property near the Los Angeles Airport in California. The investment strategy is based on leasing the land to tenants operating over long periods (30 to 90 years): hotel, car park, residential, office. The underlying property complex has a total area of 556,000 square feet and a net income of $3 million.

Airport Center

Los Angeles (Californie)

TEMPSThe property was acquired in 1992

Total surface of 556 000 square feet

Leroy Merlin

PROJECT

Acquisition of the retail property, initially leased to LECLERC, with a view to renovating it to accommodate the brand LEROY MERLIN.

Discussions are ongoing for a complete redevelopment of the site to build a new retail park of 13,000 m2.

Leroy Merlin

Laval (Mayenne)

TEMPSAcquisition of a commercial complex in 2004

10785 sf in surface area

SOMMEProject worth €20 million

Cité Toulouse Lautrec

PROJECT

Acquisition of a 120-meter lot containing several residential buildings and the Théâtre des 2 Ânes.

COFINANCE plans to renovate all the common areas of this property to create a new private street in Paris: the Cité Toulouse Lautrec.

Cité Toulouse Lautrec (Montmartre)

Paris (18ème)

TEMPSThe property was acquired in 2014

Surface de 6000 m2

SOMMEProject worth 50 M €