Hines, the international real estate firm, announced the sale of Pointe Métro located in Gennevilliers (near Paris) to the firm Northwood Investors LLC.
The 255,675 ft² (23,753 m²) office building was designed by Jean-Paul Viguier & Associés. A campus-style project with three independent but related buildings, Pointe Métro is located at the foot of a Metro station (Line 13).
Pointe Métro is 100% occupied by Prisma Media, a leader in the European magazine industry.
The transaction was carried out with the real estate firm Catella Property through a co-exclusive arrangement with JLL. The advisory firms that handled the transaction for HEVAF are Lacourte Raquin Tatar and Baker McKenzie; and for Northwood Investors LLC are Attal & Associés; King & Spalding and Darrois Darrois Villey Maillot Brochier.
Source: Hines