Erlangen: S&P sells TechPark E.17 to Real I.S.
Real I.S. has acquired the office property “TechPark E.17” in Erlangen’s Tennenlohe district for a club of institutional investors. The seller is the Sontowski & Partner Group. The office property is part of the Erlangen-Tennenlohe industrial park and consists of 11,500 sqm of office space accommodating 500 employees, an underground parking garage with 56 spaces, and a separate multi-story garage with 320 additional spaces. e.solutions is the sole tenant of the four-story building, located on Frauenweiherstraße. Real I.S. was advised by Heussen; Bissel + Partner advised the seller. The acquiring real estate Spezial-AIF has a target volume of €300mn.
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