The KanAm Grund Group has purchased TWO, an office building in Wiesbaden for the institutional Fokus Suddeutschland Fonds. Completed in 2018, an H-shaped building comprises 16,350m² and features 202 outdoor and 143 underground parking lots. The scheme holds LEED Gold Certification and is almost fully let to five tenants, including the engineering company Julius Berger International, which occupies c.75% of space. The purchase price was not disclosed.
TWO is situated in the southeast of Wiesbaden (capital of the federal state of Hesse) at Abraham-Lincoln-Strasse 44, in close proximity to Abraham Lincoln Park. Abraham-Lincoln-Strasse runs parallel to Bundesstrasse 54, which makes the scheme easily accessible by private and public transport. Apart from 14,125m² of office space, the building offers fitness facilities, a canteen and a conference room. The transaction was brokered by JLL.