Stuttgart: State leases 9,000 sqm office space from LC Liegenschaft

04/12/2018

The state of Baden-Württemberg is leasing roughly 9,000 sqm office space in the Gate Eleven in Leinfelden-Echterdingen near Stuttgart airport for its Center for Educational Quality and Teacher Training (ZSL). The lessor of the office property on Fasanenweg 11 is LC Liegenschaft of Stuttgart. Colliers International brokered the deal; the owner was legally advised by GSK Stockmann. LC will be fitting out the space for the new user, who is scheduled to move in around May 2019. The lease has a ten-year term. After about 2,500 sqm were let to IT company Braincourt in November, the Gate Eleven is now fully leased. This most current contract is the largest single lease on the Stuttgart market this year.


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