Property adviser NAI apollo group has brokered the sale of the Ventura office building in Eschborn near Frankfurt.
Property adviser NAI apollo group has brokered the sale of the Ventura office building in Eschborn near Frankfurt.
The 21-storey building at 10-12 Mergenthaler Allee was built in 1994-1995. It has around 18,000 m² of leasable space and 380 parking spaces. It is leased almost entirely to Ernst & Young.
The financial details of the transaction were not disclosed.
NAI apollo was mandated to manage the sales process and the asset management of the property, which was sold by order of the liquidator and in collaboration with the loan servicer. The structured sale process was initiated in October 2013. The buyer is an international fund.
