Frankfurt: UBM plans 18,000 sqm office building in Niederrad
UBM has acquired a 5,500 sqm site in Colmarer Straße in Frankfurt’s Niederrad district, where it plans to construct an approximately 18,000-GFA multi-tenant office building with seven upper floors with a lower level. 15,000 sqm GFA are to be used for commercial purposes, while the remaining 3,000 sqm will be for parking, according to a press release. Construction is scheduled to start sometime during 2020, with first occupancies in 2022.
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