DZ Invest, ZREV and Bechtolsheim buy in Offenbach
A joint venture of DZ Invest, ZREV and Bechtolsheim Real Estate has acquired a commercial property on Offenbach’s pedestrian mall. Anchor tenant of the 10,000 sqm retail building on Frankfurter Straße 17 with a storefront of about 70 m are TK Maxx and KIK. The seller, TD learned, is an Anglo-Saxon family office. The property is currently two thirds leased, the vacant space on the upper floors is to be modernized. This is the first project the three joint venture partners have launched together. Savings bank Sparkasse Langen-Seligenstadt managed the deal as lead manager, Colliers International brokered the purchase.
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