Sale & Leaseback: Food Retailer

Le Locle, NE, Switzerland

Partial Sale & Leaseback with Migros Neuchâtel-Fribourg in Le Locle

At the beginning of September 2024 Paragon purchased a building from Migros Neuchâtel-Fribourg in the center of Le Locle, in the heart of watchmaking industry. This property of nearly 4,800 m2 of rental space will be completely renovated. 

This partial “sale & leaseback” operation involves close collaboration with Migros Neuchâtel-Fribourg. The cooperative society keeps the entire ground floor for its food store and has signed a long-term lease with us.  Paragon is responsible for upgrading the 2,000 m2 first floor and finding tenants. Paragon hopes to help revitalize the city center and give a second life to this property.

LinkedIn
Email

View more transactions

Residential Redevelopment in Canada

Montreal, Canada

In the mid-20th century, the asset was converted from a synagogue to…

Major Renovation Project

Bex, VD, Switzerland

At the end of 2019, Paragon purchased an industrial building of approximately…

Sale & Leaseback : HR Industry

Mies, VD, Switzerland

The property is fully leased to a single tenant who had the…

Repositioning of Major Business Park

Satigny, GE, Switzerland

Agie Charmilles, the seller, is a company owned by the listed Georg…

PARA-BOX : Mixed-Use “Boxes”

Coppet, VD, Switzerland

Paragon has built a storage building with 13 flexible “boxes”, in the…

Sale & Leaseback : Tech Industry

Vienna, Austria

Mike Wolfson led lease negotiations with the anchor tenant, PKE, a spin-off…

Piretti : Private Equity & Commercial Real Estate

Geneva, GE, Switzerland

Paragon acquired a property in 2013 on 750 sqm of land located…

Value-Add CBD Office Building

Lausanne, VD, Switzerland

This property was being quietly marketed in 2010 so as to avoid…

Residential Development in Geneva

Chambésy, GE, Switzerland

Paragon has secured one of the largest remaining parcels in Zone 5…