Hines has secured commercial law firm CMS Hasche Sigle as the anchor tenant for its new construction project in Kasernenstrasse 45-49 in Düsseldorf’s Central Business District. The lease was signed for a term of 10 years. The project will be carried out as a joint venture by Hines and a German pension fund company. CMS Hasche Sigle will occupy 37,000 square feet of office space beginning in 2019. The building will offer an additional 13,000 square feet through expansion options. The new Kasernenstrasse 45-49 building, designed by KSP Jürgen Engel Architekten, will be located in the heart of Düsseldorf’s inner city. Once completed in 2019, the new building will offer approximately 50,052 square feet of ultramodern office space and approximately 6,997 square feet of exclusive retail space. CUBION Immobilien AG acted for the tenant in an advisory capacity. Pro m² GmbH provides the tenant with planning advice. The landlord was given legal advice by P+P Pöllath + Partners.
