Commerz Real leases 2,000 square metres in Munich’s Visio business park to Shurgard
Commerz Real has leased out a little more than 2,000 square metres in the mixed-use Visio business park in Munich’s West End district to the self-storage provider Shurgard. The latter is thus expanding its areas in the park to a total of some 8,100 square metres.
The business park has been part of the portfolio of the Commerz Real open-ended real estate fund hausInvest since 2018. The park at Landsberger Strasse 159-175 is located on a plot of land measuring more than 44,000 square metres with three two-storey buildings and a four-storey building from 1972 and 1976, respectively, and a total leasable area of more than 55,000 square metres. The last extensive modernisation measures were completed in 2015.
VISIO is leased out to 18 users in the retail, logistics and leisure segments. Alongside Shurgard the main tenants are the DIY store Bauhaus, the security service provider Prosegur, the office furniture stores Büromöbel Müller and Staples, as well as McFit. In addition, the business park has 652 parking spaces in a four-storey car park from 2003. The property is easily reached from all directions via Landsberger Strasse and thanks to its close integration into the local public transport network.