DORTMUND, GERMANY-Rockspring Property Investment Managers has purchased the Hornbach Zentrum, a retail warehouse comprising 333,681 square feet of retail space on Bornstrasse in Dortmund, for EUR 36.5 million. The company has acquired the center for the Rockspring German Retail Box Fund LP.
The Hornbach DIY store occupies 204,514 square feet and 129,166 square feet of retail space is leased to tenants including a major pet shop, Burger King, Lidl, Rewe and Tedox. Dusseldorf-based Prime Management will manage the property. For the full story, go to PropertyMall .
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