GENEVA-A unit of San Diego-based Westcore Properties, WestcoreEurope has bought a two-story industrial tower, Satigny BusinessPark, in Geneva, Switzerland. The deal was worth more than $29.2million. The firm will lease a part of the 156,000-square-foottower to Charmilles Technologies, the seller, who is a major Swissmanufacturer of industrial equipment.
According to Westcore founder, it the best time for the firm toadd to its European portfolio as interest rates in Switzerland havealmost hit bottom. For the full story, go to San Diego BusinessJournal.
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