The property, with a gross leasable area of 11,259 sqm, is located at in the La Libertad Shopping Centre in La Laguna.
The asset has a single tenant, the home furnishings company Conforama, which occupies 100% of the space.
The transaction is part of a series of strategic divestments by the firm, which also recently closed the sale of a 5,761 sqm asset in Salamanca.
