Greenberg Traurig advised Garbe Institutional Capital (GARBE) on the purchase of "The Lab" complex in the Technology and Science Park in Berlin-Adlershof. The production and laboratory ensemble comprises seven buildings with approximately 19,000 square meters of leasable space. The seller and sole user is the Institute for Product Quality (IfP), which leases the buildings back on a long-term basis.
Greenberg Traurig advised GARBE comprehensively on all legal aspects of the asset deal. The purchase is intended for the open-ended real estate special fund GARBE Science and Technology Real Estate Fund 1, which GARBE launched together with the financial investment management service company Intreal.
Background:
This is the first transaction the legal team has advised on for the GARBE Science and Technology Real Estate Fund 1. Greenberg Traurig regularly advises GARBE on transactions, most recently on the sale of a EUR 650 million logistics real estate portfolio to the GARBE Logistics Real Estate Fund Plus III fund managed by GARBE.
Greenberg Traurig advised GARBE comprehensively on all legal aspects of the asset deal. The purchase is intended for the open-ended real estate special fund GARBE Science and Technology Real Estate Fund 1, which GARBE launched together with the financial investment management service company Intreal.
Background:
This is the first transaction the legal team has advised on for the GARBE Science and Technology Real Estate Fund 1. Greenberg Traurig regularly advises GARBE on transactions, most recently on the sale of a EUR 650 million logistics real estate portfolio to the GARBE Logistics Real Estate Fund Plus III fund managed by GARBE.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2500 attorneys in 43 locations in the United States, Europe, Latin America, Asia, and the Middle East. The firm reported gross revenue of over $2 Billion for FY 2021 and is consistently among the top firms on the Am Law 100, Am Law Global 100, and NLJ 250. On the debut 2022 Law360 Pulse Leaderboard, it is a Top 15 firm. Greenberg Traurig is Mansfield Rule 4.0 Certified Plus by The Diversity Lab and the Center for Resource Solutions Green-e® Energy program certifies that the firm’s U.S. offices are 100% powered by renewable energy. The firm is often recognized for its focus on philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.