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 .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
