Hines European Value Added Fund (HEVAF) sells Pointe Metro to Northwood Investors (FR)

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