Berlin: Pecan lets first 8,300 sqm in “Wirtschaftswunder”
Pecan Development has found the first major tenant for its development on Potsdamer Straße 125. The listed plant cultivation company KWS Saat SE will move into roughly 8,300 sqm office space during Q4 of 2019. Colliers International brokered the lease; legal support for the lessor was provided by SammlerUsinger. Pecan is developing the former Commerzbank location on behalf of the PW Real Estate Fund III and creating about 27,000 sqm office and 3,000 sqm retail/restaurant space. Overall completion of the quarter called “Im Wirtschaftswunder” is scheduled for mid-2020.
Subscribers to our premium service have access to this article in full as well as to an additional 480,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.
TD Premium is Germany's leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.