German real estate investor Commodus acquired a Mixed-Use building in Berlin from an unknown family office. The “Hohenschönhauser Tor” building with office and retail space is located at Weißenseer Weg 35 and has a lettable area of 19.000 sqm. Amongst others, the tenants include a gym, senior housing and medical practices. The Weighted Average Lease Term (WALT) amounts 7 years. Realtor firm Lührmann was serving as a broker for the transaction. The family office sold the property through an asset deal.
Source: Immobilienmanager.de
Picture source: Dimitry Anikin
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