79 Avenue des Champs-Élysées

IMAGE: Phil Knight
ADDRESS: 79 Avenue des Champs-Élysées
MARKET: Paris
ASSET TYPE: Retail
PRICE: $673,000,000
SF: 83,000
PPSF: $8,108 🤙
BUYER: @NIKE & Norges Bank
NOTE: As reported by @Forbes, @Nike will open its new European headquarters on Paris’ popular avenue. The giant sportswear brand has bought the most expensive building on Paris’ Champs Elysées, a record that was previously held by @Apple, who coughed up €600 million (around $661 million) for a new flagship store on the same street.

#PhilKnight
#AvenuedesChampsÉlysées
#Paris
#Retail
#NIKE
#NorgesBank
#NewYork