Westarkarden Freiburg

Total lettable area

24.845 m²

Type of use

Commercial, Residential

SHORT OVERVIEW

Westarkaden Freiburg

The Residential and Commercial complex has a total leasable area of around 24.800 m², which is used for both commercial and residential purposes. The complex consists of the building blocks 2-4, which are used for retail and service areas as well as gastronomic facilities. In addition, a total of 198 apartments are integrated – of which 131 are privately financed and 67 are publicly subsidized. Furthermore, the complex has underground parking spaces, a parking garage and a three-story commercial building.

The buildings are positioned and designed in such a way that they are closed to the adjacent street Berliner Allee and open up to the interior of the site. This has created a self-contained residential complex with green spaces, playgrounds and quiet zones. It is only accessible to residents and offers residents a high level of living comfort due to its seclusion.

The Westarkaden is located in the west of Freiburg, adjacent to the university, the university hospital, the Fraunhofer Institute for Solar Energy Systems and the Seepark recreational area. Freiburg’s old town is just over 1 km to the southeast.

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Asset manager	Paribus Immobilien Assetmanagement GmbH

REAL ESTATE DATA AS OF 31 DECEMBER 2018

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Type of property	Residential and commercial complex with multi-storey car park
Address	Breisacher Strasse, Berliner Allee, Lehener Strasse, 79110 Freiburg
Year of construction	2013
Plot size	Around 15.674 m²
Total area	Around 24.845 m², of which: around 10,881 m² commercial, around 13.964 m² residential (198 flats) 717 parking spaces (multi-storey car park) 50 parking spaces (underground car park)
Tenant	Unmüssig Bauträgergesellschaft Baden mbH (general rental agreement) REWE Markt GmbH Fressnapf Immobilien- und Vermögensverwaltung GmbH And other commercial tenants Residential: various tenants