Project description

The developed land is located on Bahnhofstrasse 5 in Grimma in Saxony. The former canteen building of TLG Gewerbepark Grimma, converted into a supermarket years ago by Edeka, was situated on this section of the land. The original building was in poor structural condition and shopping conditions were no longer contemporary. TLG IMMOBILIEN AG therefore constructed a modern building on the land, including the 80 necessary parking spaces. The execution of the project was contingent on the conclusion of a new 15-year rental agreement with Edeka for the new building at a reasonable rate. Hentschke Bau GmbH was hired as the general contractor for the construction project.

Land size 5,850 sqm
Lettable area 2,036 sqm
Total investment approx. EUR 3 m
Start of reconstruction 02/2016
Completion 08/2016
Tenant Edeka
Duration of rental agreement 15 years
 
Adress Bahnhofstraße 5
D-04668 Grimma