Aroundtown fully reduced vacancies in office property in Martinsried next to Munich

After recently signing an international biotech company for its office property in Fraunhofer Strasse 9a/b in Martinsried next to Munich, the tenant has now expanded in the residual vacancy space resulting in a fully let property. The letting success validates the strong location and Aroundtown’s asset management capabilities.

The 10k sqm office office property is located in a commercial area of the district Martinsried next to Munich. Martinsried is characterized by a high concentration of companies active in the biotechnology sector. Various renowned institutes of the Ludwig-Maximilians-University (LMU) Munich, various Max-Planck-Institutes and the Innovation and Start-up Center Biotechnology (IZB) are located in the immediate vicinity on the campus. Thus, a successful triad of science, business and society is at the location. The A96 highway is 2km north of the property on Fraunhoferstraße 9a/b, 82152 Planegg-Martinsried, connecting the property to the highway ring of Munich. In a short walking distance, there is a subway station with a short ride connection to Munich city center.