(Essen, 12 September 2023). It does not always have to be a city-center location. The development of the “Im Teelbruch” commercial area shows that peripheral locations are also popular with owners and tenants.
Recently, the Essen-based commercial broker advised on the sale of an office building dating from 1992, with 1,950 m² of lettable space on a 4,600 m² plot that includes additional development potential.
The “Im Teelbruch” commercial area is in southern Essen and offers excellent access to the A 52 motorway (Essen–Düsseldorf), as well as moderate rents compared with city-center locations.
Another advantage is the high-quality residential setting in southern Essen, which gives many users a short commute.
In recent years, Brockhoff has completed several successful transactions in “Im Teelbruch,” including the sale of the 5,400 m² CETECOM building and the sale of a 3,200 m² multi-tenant property next door.
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About Brockhoff
Brockhoff GmbH is one of Germany’s leading commercial real estate brokers and the real estate market leader in the Ruhr region. Founded in Essen in 1987 by Eckhard Brockhoff, the owner-managed company has more than 35 years of 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, brokerage of retail properties in prime 1a locations in German towns and cities of all sizes, and leasing and sales of logistics properties. In 2021, SORAVIA, a leading real estate group in Austria and Germany with more than 3,300 employees, acquired a 41% stake through its subsidiary ADOMO .
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