Menden, Hauptstraße 57.

The distinctive corner building at Hauptstraße 57 in Menden, long occupied by tenant SiNN, has changed hands. Commercial broker Brockhoff, with more than 35 years of experience marketing retail properties in prime locations, brokered the sale from an asset management company to a private investment company in North Rhine-Westphalia. The purchase price was not disclosed.

The commercial building stands on a 1,330 m² site in a prime location in central Menden, close to renowned chain retailers. Across three full floors and two set-back storeys, it provides 3,500 m² of lettable space. Fashion retailer SiNN will remain a long-term tenant.

“The retail property market is recovering steadily. Many investors in our network are investing again and are highly interested in properties in prime locations in German city centres,” says Bert Pfeffer, Brockhoff’s RETAIL expert.

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About Brockhoff

Brockhoff GmbH is one of Germany’s leading commercial property brokers and the leading real estate company in the Ruhr region. Founded in Essen in 1987 by Eckhard Brockhoff, the owner-managed company has more than 35 years of real estate experience and extensive expertise in marketing OFFICE, INVEST, RETAIL and LOGISTICS properties. Its portfolio includes nationwide sales of office and investment properties, office lettings focused on the Ruhr region, retail brokerage in prime 1a locations in German cities of all sizes, and logistics property lettings and sales. In 2021, SORAVIA, a leading real estate group in Austria and Germany with more than 3,300 employees,through its subsidiary ADOMO acquired a 41% stake in the company.