FRANKFURT-Peakside Capital and Gross & Partner have formed a joint venture to purchase two vacant offices in the central business district of Frankfurt. They acquired the buildings from BHF Bank. The terms of the deal were not disclosed.
Peakside and Gross & Partner will redevelop the two sites totaling 27,781 square feet at 74 and 80 Neue Mainzer Strasse into roughly 129,166 square feet of office and retail space. Steinhaus-Prof. Dr. Griesar and Olswang advised the buyers in the deal. For the full story, go to Europe Real Estate .
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