HOCHTIEF Projektentwicklung has sold KOMM in Offenbach to a North American investor represented by MGPA. It was agreed that no details of the purchase price would be disclosed.
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KOMM opened in September 2009 and connects the shopping streets in downtown Offenbach.
The downtown center has 21,750 m² of rental space and around 200 in-house parking spaces. A further 425 parking spaces are available in the integrated/adjoining parking garage. 96% of the retail space and 77% of the office and medical practice space have been let, so that total lettings stand at around 91%.
On the three shopping levels which have a rental area of 15,700 m², KOMM has space for around 60 retail and catering outlets. 15,000 m² of this space is already let. All mid- to upper-range consumer goods such as textiles, footwear, sports, accessories and multimedia are available at KOMM, as is a specialist department store with perfume department, drugstore, household goods, toys and CDs.
Day-to-day needs are covered by a large grocery supermarket. Various catering outlets round out the amenities. At KOMM-on-Top, the office and medical practice levels on KOMM's third and fourth 'panorama' levels, more than 5,000 m² of the approximately 6,200 m² of rental space have been let to a gym, a physiotherapy practice, two dental practices and a dental lab. Other tenants are an architectural and engineering firm and the Center Management.
KOMM opened in September 2009 and connects the shopping streets in downtown Offenbach.
Source: Hochtief
