Continental leases 9,000 sqm in Eschborn
Euramco has completely let its managed property at Ludwig-Erhard-Straße 3 in Eschborn long-term. According to the fund and asset manager, a lease has been signed with a company from the automotive industry for over 9,000 sqm of office space, 200 sqm of warehouse space, and 271 parking spaces. TD has learned from market insiders that the tenant is Continental AG. Neither Euramco nor Continental offered comment. The landlord is KanAm XII Objekt Frankfurt-Eschborn KG. Cisco Systems, the office building’s second major tenant, waited until October to extend its lease for 6,300 sqm. The property financing was also reorganized and secured, according to Euramco.
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