HIH secures major tenant for Mywest office building in Frankfurt City West

HIH Invest Real Estate (HIH Invest) has successfully leased around 5,400 square meters of office space in the Mywest building at Franklinstrasse 50, located in Frankfurt City West. The new tenant, an insurance company, plans to relocate its entire operations to the site.

Built in 2003, the Mywest office building spans approximately 9,000 square meters over seven floors and is part of a real estate individual fund managed by HIH Invest. It features modern amenities, including a two-level underground car park with 110 parking spaces, electric charging stations, a reception area, and a green courtyard. The building is conveniently located near public transport hubs such as Westbahnhof station, along with nearby shops, restaurants, and hotels.

“We plan to modernize the space in 2025 to meet the tenant’s specifications, including the creation of a larger reception area and enhancements to the green courtyard, which will offer employees a relaxing outdoor environment. Additionally, we are aiming to achieve BREEAM certification for the building,” said Simon Hüttmann, Senior Asset Manager at HIH Real Estate.

Despite the recent lease, approximately 2,700 square meters of office space remain available on the first and second floors of Mywest. Another long-term lease for the ground floor, comprising 980 square meters, was signed in 2023 with the Berufsfortbildungswerk (bfw) vocational training center.

Markus Leuchte, Head of Letting Management Frankfurt am Main, highlighted the building’s flexibility and modern design as key factors in attracting tenants. “Mywest offers flexible floor plans that can be customized to accommodate open-space, multi-space, or individual office concepts. This appealed to our new tenant, who sought to downsize from their previous headquarters while transitioning to a more modern work environment,” Leuchte explained.

The building’s space can be divided into up to three rental areas per floor, with options ranging from 400 square meters to the full floor size of approximately 1,300 square meters, making it a versatile option for future tenants.