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JLL advises on the sale of a school and local retail centre in Pforzheim

JLL advises on the sale of a school and local retail centre in Pforzheim
Außenansicht des Schul- und Nahversorgungszentrums in Pforzheim. Bildquelle: JLL

The property comprises around 8,300 m² of lettable space

JLL has advised Metro Properties, the property arm of Metro AG, on the sale of the school and local leisure centre in Pforzheim. The fully let school and local retail centre in Pforzheim was sold to a private investor from the region. The property at Haidachstraße 4–6 comprises around 8,300 m² of lettable area and is let to the City of Pforzheim (school) and the retail chains Netto and Action. The weighted average remaining term of the tenancy agreements is approximately 13 years. The purchaser of the property is a family office from the region.

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