The Internos Global Investors Group has leased around 1,700 m² of space in "Depot Sachsenhausen" in Frankfurt (Textorstraße 33-35, Hedderichstraße 34-36, Bruchstraße 16-18) to Pure Training GmbH. The deal was brokered by BNP Paribas.
The health club firm has signed a 15-year lease for space on the ground and first floors of the building, which had previously been used by the German daily Frankfurter Rundschau.The property belongs to a special real estate fund, managed by Internos.
Built in 1899 as a depot for the Frankfurt Tramways, "Depot Sachsenhausen" was converted into a local community and shopping center in 2009. It has total leasable space of about 13,500 m² and 122 underground car parking spaces. Other tenants include a Rewe supermarket, the restaurant "Depot 1899" and a district branch of Frankfurt City Library.
The real estate fund is a fund with a total of 14 properties of different types of use in Western Europe, valued at a total of €265 million.
Source: Internos Global Investors