CA Immo Concludes Further Lease Agreement for approx. 5,000 sqm in the Frankfurt Office Tower ONE
Frankfurt, 28 June 2023 – CA Immo has signed a 12-year lease agreement with State Street Bank International GmbH for around 5,000 m² of rental space in the ONE office and hotel tower in Frankfurt. State Street is one of the world’s leading providers of financial services to institutional investors. With the conclusion of this lease agreement the approx. 190 metre high ONE is approx. 87 % let. The highrise was opened in September 2022. Colliers International acted as advisers on behalf of CA Immo and Cushman & Wakefield advised State Street on the conclusion of the lease.
Matthias Winkelhardt, Head of CA Immo Frankfurt: "A lease of this size is not something that can be taken for granted in the currently extremely challenging market environment. This long-term deal underlines all the more that we were able to place the right product on the market at the right time. The special features of ONE include, on the one hand, the campus concept with its diverse services for the tenants and, on the other hand, the consistent and innovative focus on the sustainable operation of both the building and the rental space."
By August 2024, State Street is expected to concentrate its employees, who were previously spread across two locations in City West and Niederrad, in the high-rise building centrally located at the interface between Frankfurt's banking district and the Europaviertel. It is planned to implement an open office concept with a mix of team offices, open space areas and places for informal communication.
As with all other office tenants of ONE, CA Immo has also concluded a so-called "Green Lease" with State Street. In this contract, both parties commit to far-reaching measures to ensure that the building and the office space are operated in a way that is as sustainable, resource- and environmentally friendly as possible, and to exchange consumption data in order to optimise energy consumption and the respective sustainability reports.
In addition to office space, the 190-meter-tall, mixed-use high-rise also houses a 4-star-superior hotel under the nhow brand, a coworking offering under the Spaces brand, and attractive public uses such as the Skybar, which is unique for Frankfurt, and a café in the lobby. The ONE is already triple platinum certified and is thus considered a pioneer for ESG-compliant, sustainable and digitized office properties. ONE was the first high-rise in Central Europe to achieve Smart Score certification in the highest Platinum category. ONE has also achieved the WiredScore certificate in Platinum as well as the pre-certificate of the German Sustainable Building Council (DGNB), also in Platinum.
Info & facts on the ONE building
Address: Brüsseler Straße 1-3, 60327 Frankfurt
Building type: high-rise building
Types of use: office, hotel, conference, co-working, restaurant, café, bar
Height: approx. 190 metres (620 feet)
Floors: 49, incl. ground floor
Rental space: approx. 68,000 m²
Office rental space: includes approx. 45.000 m² of co-working spaces
Rental area per floor: depending on floor plan approx. 1,500-1,600 m², incl. ancillary areas
Hotel tenant: NH Hotel Group under the nhow brand
Hotel use: 1st -14th floors
Hotel rooms: 375
Co-working provider: spaces
Co-working rental space: floors 15 +16, 19-21. Approx. 7,000 m² with around 650 workstations
Parking spaces: 472
Bicycle parking spaces: 610
- preliminary DGNB platinum certificate for sustainability
- platinum WiredScore certificate for best connectivity
- platinum SmartScore certificate for best digital user experience
Completion: June 2022
Images of the ONE building can be found in the image archive in the Press section a www.caimmo.com using the keyword “ONE” or downloaded from this link.