Valor Real Estate Partners, on behalf of its joint venture with QuadReal Property Group, has acquired, via a sale-leaseback, a 10,000-square-meter (108,000-square-foot) distribution warehouse in Wissous, a highly sought-after logistics hub south of Paris.
The cross-dock asset features strong technical specifications including 11 access doors, four cells and a clear internal height of 10.5 meters (34.4 feet). It benefits from exceptional road connectivity to central Paris and the wider Île-de-France region via its position at the junction of the A6 and A10 motorways and proximity to the A86, Paris’s second ring road.
Part of the multitenant property is leased to owner-occupier Legendre, the construction, real estate and energy conglomerate, on a nine-year lease.
Aligned with the joint venture’s commitment to responsible investing, Valor will undertake a targeted ESG asset management program including installing LED lighting and implementing a building manage
