NUBIS office complex in Berlin-Adlershof is fully leased
With the handover of the last, 113 m² (1200 sq. ft.) space, PROJECT Immobilien announced that it had leased the entirety of the NUBIS office complex in Berlin-Adlershof.
The new office building at Franz-Ehrlich-Straße 5-9 consists of three buildings with five or six stories each and an underground parking garage. The total floor space is approx. 17,200 m² (185,000 sq. ft.). The office and commercial units of the first construction phase on the 8,832 m² (2.18 acre) site have already been occupied. The tenants will begin moving into the second and third phases of the project starting in the second quarter of 2019. Tenants include international companies and service providers from the construction, catering, medical, energy, and IT sectors.
"The demand for commercial real estate continues to be very high," explains Patrick Will, Chief of Global Sales for PROJECT Immobilien Gewerbe AG. "In future-oriented locations like the Science and Technology Park, we are seeing a high potential for commercial real estate development in Berlin's B locations." The complex was also recently sold as part of an asset deal.