Detailed Asset Description
ASSET DESCRIPTION
General Overview
JV38 was acquired by MSD in 1981 to serve as their central headquarters and research laboratories in Spain.
The total gross leasable area (GLA) is 11,557 m².
Distribution:
Building 1: 8,255 m²
Building 2: 3,302 m²
Building Details
Building 1
Height & Structure:
5 floors above ground:
Ground
First
Second
Third (all for office use)
Fourth (for installations)
3 floors below ground:
2 for parking (88 spaces)
1 semi-basement for installations (including a gym)
Historical Background:
Originally constructed in the 1960s as a leather products warehouse for the brand Loewe.
Completely refurbished in 2004 and 2007.
Building 2
Height & Structure:
5 floors above ground:
Ground
First
Second
Third
Fourth (all for office use)
3 floors below ground:
Designated for 55 parking spaces.
Construction Date: 2003, designed to enlarge office space and auxiliary facilities (cafeteria, storage, etc.).
Parking Facilities
The construction of Building 2 added 55 additional parking spaces.
Current total parking capacity: 167 spaces (including 24 exterior spaces).
### Regulatory Compliance
The asset is governed by NZ 9.3 of the 1997 Town Planning Regime (PGOU) of Madrid.
Area Specifications
Accommodation Breakdown
Building 1 (sqm):
Ground: 2,495 m²
First: 2,610 m²
Second: 2,226 m²
Third: 799 m²
Fourth: 125 m²
Building 2 (sqm):
Ground: 564 m²
First: 685 m²
Second: 685 m²
Third: 685 m²
Fourth: 684 m²
Total Area:
Building 1: 8,255 m²
Building 2: 3,302 m²
Grand Total: 11,557 m²
### Parking Overview
Interior Parking: 143 spaces total (88 in Building 1 + 55 in Building 2)
Exterior Parking: 24 spaces
Total Parking Ratio: One parking space per 72 m².
Technical Specifications
Air Conditioning: Hot/cold air conditioning system utilizing perimeter fan coils located in the ceiling.
Ceiling Features: Suspended ceiling with modular tiles and recessed lighting fixtures.
Safety Features:
Fire protection system with sprinklers installed throughout the buildings.
Smoke detectors fitted in the ceilings.
Two to three restroom cores on each floor.
Communication Infrastructure: Voice and data cabling through Ackerman Network in Building 1; raised floor systems in Building 2.
Lifts: 3 passenger elevators and 1 service lift.
Emergency Exits: 3 emergency staircases are accessible from the exterior of the building.
Photographic Report
Visual Documentation:
Series of photographic reports highlighting various features of the asset.
Includes images of interior and exterior spaces, fire safety equipment, and overall structure.
Miscellaneous Information
Additional content such as welcome signs and upholstery of spaces (indicated by various photo documentation).
Promotional content or materials may include images depicting workplace culture, employee engagement, and design aesthetics.