Goerzallee

Berlin
  • Acquisition Type:
    Investment

  • Acquisition Date:
    2019

  • Status:
    Current

  • Project:
    Logistics and office building

  • Building Age:
    1930 (office); 2010 (logistics)

  • Size:
    143,967 sq. ft

  • Asset Class:
    Industrial/Office

  • Return:
    Current
Highlights
  • Westcore purchased the buildings fully vacant which offers attractive returns for an asset which is located in a sub-market of Berlin with low vacancy and strong tenant demand. The property is currently at 78% occupancy. Westcore plans to refurbish the older aspects of the site to meet modern occupier expectations. Goerzallee is located in the Berlin borough of Steglitz-Zehlendorf, the third largest district of Berlin. It is strategically located near the Route-1 with direct access to Berlin, and benefits from proximity to transportation networks including the S-Bahn.

A growing footprint across Europe

London office
42 St James’s Place,
London, UK
Geneva office
Rue des Voisins 17,
Geneva, Switzerland
Berlin office
Hardenbergstraße 27, 17th Fl
Zoofenster, Berlin, Germany
Vienna office
Gutheil Schoder Gasse 8-12,
Vienna, Austria