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Transaction··1 min read

Brockhoff brokers office property on Virchowstraße in Gelsenkirchen

Estate agency Brockhoff has brokered the sale of an office property with 3,100 square metres of lettable space on a 9,300-square-metre site in Gelsenkirchen.

AI generatedBrockhoff brokers office property on Virchowstraße in Gelsenkirchen – AI-generated illustrative image
Brockhoff brokers office property on Virchowstraße in Gelsenkirchen. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Estate agency Brockhoff has successfully advised on and concluded the sale of an office property in Gelsenkirchen. The property in question is situated at Virchowstraße 99 and features a total lettable area of around 3,100 square metres. A key characteristic of the ensemble is the associated plot, which covers an area of approximately 9,300 square metres.

Space structure and development potential of the site

The property also includes 55 parking spaces, ensuring solid parking infrastructure on the grounds. The parties involved in the transaction agreed not to disclose the purchase price. The balanced ratio between existing lettable space and plot size provides the new owners with broad perspectives for future development measures.

An additional advantage of the property is its convenient transport connections within the Gelsenkirchen urban area. The transport accessibility, combined with the existing parking capacities and the expansive plot layout, creates viable conditions for a sustainable positioning of the location within the local market environment.

  • —Property address: Virchowstraße 99, Gelsenkirchen
  • —Total lettable area: around 3,100 square metres
  • —Plot size: approximately 9,300 square metres
  • —Parking facilities: 55 parking spaces on the site

Demand for existing buildings with value creation options

Oliver Rottmann, Managing Director of Brockhoff, puts the transaction into context against current market developments. According to him, it has been observable for some time that investors are increasingly seeking investment opportunities in existing properties again, provided they offer reliable development potential.

The property on Virchowstraße meets this criterion, combining a solid building structure with dimensions that allow for various utilisation concepts. Brockhoff therefore sees positive prospects for future site development. The sale confirms the market's ongoing demand for commercial properties with individual value-creation potential.

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