6 Mar 2017
M7 Real Estate lets 2,200 sq m of factory warehouse space in Darmstadt for MStar Europe
Frankfurt, 6 March 2017 – M7 Real Estate (“M7”), the pan-European investor and asset manager which specialises in the regional, multi-let real estate market, has advised its joint venture MStar Europe on the long-term letting of around 2,200 sq m of production/warehouse space in Rönt-genstrasse 3, Darmstadt.
The new tenant of the property is Stahlgruber GmbH, a distributor of motor vehicle spare parts, accessories and workshop equipment.
Darmstadt agents Baumüller brokered the deal. M7 Real Estate, as asset manager, currently manages 77 properties in Germany, with a total floor area exceeding 828,000 sq m and an investment volume of c. €463 million.