{"id":1004491921,"date":"2020-11-11T04:30:51","date_gmt":"2020-11-11T12:30:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004491921"},"modified":"2020-11-11T06:25:22","modified_gmt":"2020-11-11T14:25:22","slug":"jamestown-enters-germany-with-1-1-msf-office-buy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/","title":{"rendered":"Jamestown Enters Germany With 1.1 MSF Office Buy"},"content":{"rendered":"
\"\"<\/a>

Schanzenstrasse. Image courtesy of Jamestown<\/em><\/p><\/div>\n

Jamestown has purchased three historic office buildings in Cologne, Germany. The acquisition marks the firm\u2019s first-ever acquisition in Germany, and its second in Europe in less than a year. Jamestown purchased the assets in partnership with two institutional investors. <\/p>\n

Built between 1890 and 1914, the 1.1 million-square-foot properties have a tenant roster featuring a mix of media and entertainment firms, including television production company Brainpool TV. Apleona Real Estate GmbH is set to act as manager for the property.<\/p>\n

Located at Schanzenstrasse 22, 24, and 28, in the historic industrial neighborhood of Mulheim, the properties are 4 miles from downtown Cologne. The assets are also within 1 mile of Mulheim train station.<\/p>\n

DLA Piper assisted the buyer, while McDermott, Will & Emery provided legal advice to the seller. Tresono Family Office represented the seller in the transaction.<\/p>\n

Jamestown’s $12 billion portfolio encompasses several iconic buildings across the U.S., including a minority stake in the 2.3 million-square-foot U.S. Steel Tower in Pittsburgh. In July 2019, the company acquired the headquarters campus of Levi Strauss & Co.<\/a> for $820 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

The deal marks the company’s second European acquisition in less than a year. <\/p>\n","protected":false},"author":868,"featured_media":1004491957,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,16,21742,21747],"tags":[33026,38648,34478],"class_list":["post-1004491921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-international","category-latest","category-office","tag-dla-piper","tag-jamestown-lp","tag-mcdermott-will-and-emery"],"acf":[],"yoast_head":"\nJamestown Enters Germany With 1.1 MSF Office Buy - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jamestown Enters Germany With 1.1 MSF Office Buy\" \/>\n<meta property=\"og:description\" content=\"The deal marks the company's second European acquisition in less than a year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-11T12:30:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-11T14:25:22+00:00\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/MG_0054.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/\",\"name\":\"Jamestown Enters Germany With 1.1 MSF Office Buy - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/MG_0054.jpg\",\"datePublished\":\"2020-11-11T12:30:51+00:00\",\"dateModified\":\"2020-11-11T14:25:22+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/77efc8abfd11ea13ed9ee7a0e190eb2a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jamestown-enters-germany-with-1-1-msf-office-buy\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/MG_0054.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/MG_0054.jpg\",\"width\":6186,\"height\":4640,\"caption\":\"Schanzenstrasse. 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