Colliers sells office property in Munich’s Westend

The fully let property was renovated in 2000 and offers in addition to 8,600 m² of office space, nearly 1,500 m² of retail space as well as 145 parking spaces. The office building is situated in the immediate vicinity of the Westendstrasse underground station and is let to companies such as Debeka Versicherung, TÜV Süd and Wassermann AG among others. The real estate seller is TS Nautilus (Westendstraße) S.à.r.l., managed by Tishman Speyer Deutschland Property GmbH. Both parties have agreed to keep the purchase price confidential. GSK Stockmann + Kollegen advised both the seller as well as the buyer during the transaction. Colliers International in Munich acted as advisor and broker.

Transaction Overview:
Location: 80686 Munich
Address: Westendstrasse 193-195
Broker: Colliers International München GmbH
Usage: Office building with retail space
Occupiers: Wassermann AG, Debeka, TÜV Süd
Seller: TS Nautilus (Westendstraße) S.à.r.l.
Buyer: FLE GmbH
Floor space: approx. 8,600 m² office + 1,500 m² retail

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