Tishman Speyer and joint venture partner Commerz Real announced on Friday that JP Morgan has signed a lease for five floors at the TaunusTurm project under construction in Frankfurt.
Tishman Speyer and joint venture partner Commerz Real announced on Friday that JP Morgan has signed a lease for five floors at the TaunusTurm project under construction in Frankfurt.
Totalling around 8,000 m2, the contract is the latest in a series of leases signed with tenants such as HVB Gesellschaft, international law firms King & Spalding, Norton Rose Fulbright as well as Schroder Investment Management.
In addition, Frankfurt’s MMK Museum of Modern Art announced this week that it will establish a branch at the TaunusTurm, bringing a portion of its large collection to the heart of the city’s banking district, starting in mid-2014.
The TaunusTurm, which is scheduled to open in January 2014, will be a 40-storey, 170-meter-high skyscraper featuring 60,000 m2 of office space. Designed by the Frankfurt firm of architects Gruber + Kleine-Kraneburg Architekten, the slender tower will be the first new Frankfurt high-rise to boast international LEED Platinum certification.
Following the successful MesseTurm and OpernTurm projects, the TaunusTurm is Tishman Speyer’s third high-rise development in Frankfurt.
