The Federal Institute for Real Estate Tasks (BImA) has secured approximately 1,500 square metres of rental space for office and storage purposes in the Bülow Tower in Stuttgart. The transaction encompassed both office and storage capacities within the property. The conclusion of this agreement underscores the continued demand for qualified space in established office locations in Stuttgart.
CBRE, a globally active real estate services company, acted as mandated broker for the owner in this letting. CBRE's role as leasing manager highlights the importance of professional market knowledge when placing properties of this magnitude. The property, the Bülow Tower, is one of the city's architecturally distinctive office buildings and is established as a location for modern working environments.
The Bülow Tower comprises a total of almost 14,000 square metres of office space and holds a LEED Gold sustainability certificate, which confirms the building's ecological construction and efficient operation. The property is located on a prominent corner plot in the Löwentorzentrum, an established office location in northern Stuttgart, distinguished by its accessibility.
The quality of the location is characterised by excellent transport links, both for private and public transport. Bus stops and train access are within walking distance. Additionally, the surrounding parks and green areas contribute to the attractiveness of the area. Tabea Kurz, Associate Director Landlord Representation at CBRE, stated that the long-term lease to BImA demonstrates the attractiveness of the Bülow Tower and confirms the sustainable quality of the location.
- —Rental space: approx. 1,500 sq m (office and storage space)
- —Tenant: Federal Institute for Real Estate Tasks (BImA)
- —Broker: CBRE (as part of a leasing management mandate)
- —Certification: LEED Gold
The leasing by BImA fits into the context of stable demand for high-quality office space in Stuttgart's important business regions. For property owners and tenants alike, such transactions offer a clearer picture of market dynamics and the stability of value of specific properties and locations.
