Rue du Sentier

A HYPER CENTRAL LOCATION

A prestigious address in the heart of Paris benefiting from a highly sought-after business environment and exceptional accessibility.

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Silicon Sentier is an expression, still little used today, playing on the association of silicon and trail. Silicon, for the reference to “Silicon Valley” and Sentier, designating the well-known district of Paris located in the IIᵉᵐᵉ arrondissement. The Sentier is bounded by rue du Sentier, boulevard Sébastopol, boulevard Poissonnière and rue de Réaumur … All in all, it is a small rectangle of Paris, very mixed and unusual, which contains many hidden and atypical places! A real nugget. Former stronghold of textiles, which reached its peak in the 1980s, the area has become in recent years the “Silicon Sentier”. However, the new expression delimits a somewhat larger area, starting from the Bourse in the west and being able to go as far as the 9th arrondissement around Notre-Dame-de-Lorette and the rue de Londres where the great Google firm is located.

Why does the Sentier district attract FrenchTech?

For the record, the Sentier district, very close to the Place de la Bourse and its Palais Brongniart, is an area where broadband internet networks and optical fiber were deployed very early on (the needs of the Stock Exchange oblige ..)! They cheerfully crisscross the entire basement. It has thus become the benchmark for telecommunications companies, banks as well as financial companies. The quality of its network quickly attracts another type of activity: the rising stars of the Web! Just before the internet bubble burst in 2000, it thus became the dedicated district for all the web start-ups of the moment: Yahoo !, Lastminute.fr because the rents are still affordable and the quality of the web infrastructure is still affordable. appointment. La Cantine, the first collaborative workspace, was created there under the leadership of NUMA (whose name was originally “Silicon Sentier”) and in collaboration with 180 web startups and SMEs. It is therefore the ideal place for start-ups and digital entrepreneurs, who share their knowledge, experiences and challenge each other. Le Sentier today, at the heart of entrepreneurial bureau research A study carried out by “BureauxLocaux” in 2018 analyzed more than a million searches for executives’ offices over the second half of 2017. It shows that the 8th arrondissement of Paris, the traditional business district of the capital, is no longer the only choice for entrepreneurs to set up their offices there. Certain districts, more mixed, less dedicated to the office, now stand out to offer less chic addresses, but atypical, airy and financially accessible areas. Thus, half of the searches now focus on the Sentier, Châtelet, Gare du Nord / Gare de l’Est, the 10ᵉ and 3ᵉ arrondissements, as well as the Marais and Oberkampf.

The Silicon Sentier: eternal stronghold of the Web and data that attracts “old and new ” startuppers.

Previously considered to be the precursor district of coworking in central Paris, coworking spaces are now spread all over the city. The Silicon Sentier then attracted the big names of French Tech, the pioneers, who set up their head offices there. And by mimetic process, in their furrows, follow a large number of small …

A REMARKABLE AND EFFICIENT BUILDING

A very high-end restructuring, highlighting exceptional historical characteristics.
tel aviv apartment for rent: tel aviv apartment for rent
tel aviv apartment for rent: tel aviv apartment for rent

Pricing

  • Target
    Net Annual Rental Income

    € 2.78 mil.

    Upper levels: 2 841 sqm @ 850 €/sqm
    Basement: 155 sqm @ 650 €/sqm
    Basement: 155 sqm @ 650 €/sqm
    Retail rent (Starbucks + Casino) : 262,000 €

  • Estimated
    Capitalization Rate

    2.75%

  • Estimated
    Target Price

    € 90 to 95 mil.

    (net seller)

  • Estimated
    Transaction Fees and Levies

    € 3 - 4 mil.

    Notary Fee, Stamp Duties and Advisory

Features

  • Total Size

    2 996 m²

  • Capacity

    430 workstations (7 m² per station).

  • Natural LIght

    Numerous glass roofs as well as the 40 windows on each level.

  • Historical Features

    Generous ceiling height of 5.1m

  • Environement

    Certification BREEAM Very Good and label Wiredscore Silver

  • Amenities

    Rooftop Garden with uninterrupted Paris views

  • Accessibility

    Fully accessible to wheelchairs

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