KanAm Grund Group acquires Frankfurt office building (DE)

KanAm Grund Group acquires Frankfurt office building (DE)

KanAm Grund Group has purchased the Frankfurt Kontorhaus office building for one of their real estate special funds. The six-floor office building at Mainzer Landstrasse 181, which offers about 6,400m² of space, is fully let, with Deutsche Bahn being the main tenant. It also houses a large doctors’ surgery specializing in radiology and nuclear medicine and a fast-food restaurant. The property benefits from the underground parking facilities for 34 cars plus additional car parking facilities outside. Alongside around 6,000m² of office and 156m² of restaurant space, it includes 276m² of storage facilities. 

 

Kontorhaus is located in the Gallus district, a rapidly modernizing part of the central business district which includes the large Skyline Plaza shopping mall, office towers such as Tower 185 and The One as well as the Cap Europa conference venue. Westbrook Partners is the seller of the property. The purchase price was not disclosed.

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