Frankfurt

Darmstädter Landstrasse

Overview

  • Investment category: portfolio property
  • Acquisition: 2016
  • Total volume: approx. 15 Mio. Euro
  • Investor: private investor
  • Usage: Büro
  • Plot size: approx. 1,500m²
  • Rental space: approx. 5,900 m²
  • Parking spaces: 76

Object

Darmstädter Landstr. 116, 60598 Frankfurt am Main

Located in the “Sachsenhausen” part of town, this is quintessential added-value CELLS Group property. Since the rental contracts of the building’s two main tenants are about to expire over the coming 18 months, CELLS plans to upgrade these attractive premises and rapidly find new long-term tenants. Currently boasting a relatively low vacancy rate, we expect that the area will be further reinvigorated in the wake of the development of the nearby “Henninger Turm”, a 140 m tall residential tower. 

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