Commercial property

Fine Grain Property acquires Shannon property in sale and leaseback deal

The deal to buy Building 7000 consolidates the real estate company’s ownership of all buildings on the 40-acre Westpark Innovation Campus

Building 7000 at the Westpark Innovation Campus in Shannon has been acquired in a sale and leaseback deal by Fine Grain Property from AXA Partners

Leading Irish real estate investor and operator Fine Grain Property has acquired Building 7000, a 11,520 square metre office building on Shannon’s prestigious Westpark Innovation Campus from global company AXA Partners.

This is Fine Grain Property’s largest sale and leaseback deal to date.

AXA Partners will continue to operate from two floors of the modern, five-storey building through the leaseback agreement with Fine Grain Property.

The deal represents Fine Grain Property’s largest sale and leaseback ...