CMS Francis Lefebvre advised MEAG

CMS Francis Lefebvre advised MEAG for the off-plan acquisition from JB Développement of a partly refrigerated storage warehouse with ancillary office and social premises.

The asset, located near Amiens, will have a floor area of approximately 13,233 sqm, includes more than 150 parking spaces and will be fully leased to Auchan Retail Logistique for a firm period of 9 years.

In order to meet energy performance requirements, the asset will be equipped with a photovoltaic plant.

CMS Francis Lefebvre assisted MEAG in the due diligence, negotiation and execution of the contractual documentation relating to the off-plan acquisition of the asset and in the drafting, negotiation and execution of the commercial lease in the future state of completion with the tenant Auchan Retail Logistique.

The CMS Francis Lefebvre team was led by Benjamin Bill, partner in real estate and construction law, and comprised Hugo Leynier and Pierre-Edouard Vino, associates, for the real estate and construction law aspects of this transaction, and Amélie Retureau, partner and Mary Lédée, counsel, for the tax aspects of this transaction.

MEAG was also assisted by the notary office SAS Cheuvreux. The seller was assisted by Chancé-Varin & Associés.

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