DEVELOPMENT Partner AG
Stuttgart, Büchsenstraße 8 + 10
TASK
- Sale of a City Center redevelopment site to a project developer
- Consultation of project developer related to development of a conceptually ideal marketing strategy for retail and office space
- Support of project developer in obtaining the building permit by lobbying governmental agencies (optimization of building legislation)
APPROACH
- Exclusive agent agreement to sell the City Center redevelopment site
- Preparation of sales documents
- Negotiation with potential domestic and international developers
- Letting (retail / office)
- Exclusive agent agreement to sell planned commercial building
RESULT
- Sale of building site
- Realization of a marketable occupancy rate (retail and office letting)
- Sale of a newly developed commercial building during the planning stage to an international investor
Key Factors
- Sale of building site
- Project development
- Retail and office letting: some 5,500 m²
- Project volume some 30 million €