Carlton Group Iberia has brokered the sale of Nuevo Centro Car Park in Valencia, Spain, to an unnamed domestic car park operator for a price put by Spanish media at around €40 mln.

Carlton Group Iberia has brokered the sale of Nuevo Centro Car Park in Valencia, Spain, to an unnamed domestic car park operator for a price put by Spanish media at around €40 mln.

The seller is Nereida Mediterranea, owned by Valencian businessman Andrés Ballester.

With nearly 2,700 parking spaces and a built area of over 74,300 m2, the car park is one of the largest off-street parking garages in the country.

The sale is one of the three largest private car park sales closed in Spain in the last two decades, according to New York-based advisory Group Carlton.