Greenberg Traurig advised Curzon Capital Partners IV (CCP IV), a fund managed by Tristan Capital Partners (Tristan), on the sale of the Garden Tower in Frankfurt am Main. The buyer is GEG German Real Estate Group AG. The parties have agreed to keep the purchase price confidential.
The 25-story Garden Tower comprises approximately 28,000 square meters of rental space. Its primary use is office space, accounting for approximately 90 percent. The diverse tenant base includes Societé Generale and American International Group (AIG). The building has been granted the LEED Gold sustainability certificate.
Greenberg Traurig advised Tristan comprehensively on all legal aspects of the transaction.
Background: Greenberg Traurig’s team has been advising Tristan on transactions on a regular basis for several years. Most recently, Greenberg Traurig has advised Tristan, inter alia, on the acquisition of Parseval Square in Düsseldorf.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2017 Am Law Global 100.
The original press release can be found here on Greenberg Traurig’s website.