Frankfurt,
FPS advises THE SQUAIRE on leasing office space to Lagardère Travel Retail
The commercial law firm FPS successfully advised THE SQUAIRE GmbH & Co. KG on the leasing of office space in the landmark property of the same name at Frankfurt Airport. The new tenant is Lagardère Travel Retail Deutschland GmbH.
With its unique, award-winning design, THE SQUAIRE is a landmark for Frankfurt and the adjacent airport. The property, with a total area of around 140,000 m², is directly connected to Terminal 1 and has an integrated ICE long-distance train station. With 65 per cent office space, 30 per cent hotel space and 5 per cent retail and restaurant space, everything can be found under one roof at one of Europe's most important transport hubs.
Lagardère Travel Retail is a leading global provider of travel retail and catering services.
‘We are delighted to have accompanied THE SQUAIRE in this important step,’ said Marco Rückert, Associate Partner at FPS.
FPS provided comprehensive support to the landlord in all legal matters relating to the conclusion of the lease agreement. Other parties involved in the successful conclusion of the agreement were Sonar Real Estate, PROKS Real Estate and Schier Real Estate. Technical aspects were handled by the architectural firm Ninic and Drees & Sommer. JLL advised the tenant..
Image source: Lars Gruber / www.larsgruber.de
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Consultant at FPS
Press release
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