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Grosvenor Europe acquired Titan in December 2020.
The asset is located at 8 Calle Titán in the Méndez Álvaro neighborhood of the Spanish capital, one of the most dynamic and high-potential office areas of Madrid. The building has 10,634 sqm distributed across 14 floors above ground, with 212 parking spaces, and is the current headquarters of several large organisations.
Titan is strategically located amongst a purposeful stretch of offices, with excellent visibility from the M-30. This area is undergoing its final phase of densification with large developments on the few remaining plots of this high-demand office district. It benefits from excellent transport connections with access to both the Atocha station and the airport, as well as being part of a larger mixed-use area creating a dynamic community and plentiful local services.
The office tower was completed in 2008 and is certified LEED Gold. The freestanding building has excellent natural light, with very flexible, open plan office floors and exceptional ceiling height, accommodating demand for corporate headquarters and from small occupiers alike.
Chief Executive Officer, Grosvenor Property Europe