ROCKSTONE Real Estate (ROCKSTONE) has sold the commercial building in Frankfurt's Bolongarostrasse 82 to an investment fund managed by the LHI Gruppe that invests in infrastructure real estate. Long-term anchor tenant of the property, located in the Höchst district, is the Frankfurt job center. The main tenant has already moved into the first 5,000 sqm and will move into the remaining area, which will be 6,000 sqm office space in total, during the fourth quarter of this year. The purchase price is in the mid two-digit million range.

ROCKSTONE had acquired the former PAX company headquarters and the property known as the former AOK administration building with a total rental area of 8,500 sqm in September 2017. The commercial building is currently almost fully let with a WALT of eleven years.