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