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IMAXXAM acquires modernized office campus in Essen

Das Bürogebäude „The BRIX“ in Essen, modernisiert und barrierefrei, gelegen in der Kruppstraße. Bildquelle: Colliers

The independent partner for the management of real estate investments IMAXXAM is taking over the office building “The BRIX” in the densely populated Rhine-Ruhr metropolitan region in Essen as part of a club deal. The barrier-free property in Kruppstraße consists of 5 building sections and comprises around 20,600 square metres of rental space and 89 car parking spaces. The building complex, which was built in 1948, was modernised in 2017 and 2022 and extensively expanded in 2025 for the state-owned anchor tenant and is fully leased on a long-term basis. The property in the southern district not far from the main train station is excellently connected to local and regional public transport as well as to the supra-regional motorways of the Ruhr area.

Simon van Zoggel, Head of Transaction at IMAXXAM, says: “With the acquisition of this office property in Essen, we are further expanding our commitment to stable medium-sized cities with a sustainable investment profile. The location convinces with its strong economic basis and very good connections, which offers attractive prospects for the office market in the long term. Particularly noteworthy for us is the combination of solid building fabric and a high proportion of public users, which makes this property an extremely reliable investment.”

With the purchase of the office property, the company is strengthening its commitment to sustainable and future-oriented investments. Certification with the BREEAM rating of “Very Good” is currently in preparation. A CO₂-neutral district heating connection and the consistent purchase of green electricity underline the high energy standard. This is complemented by a climate-friendly mobility concept and excellent accessibility via local public transport. The property is 97% occupied by users from the public administration and education sectors, thus fulfilling an important socially responsible function. Modern workplace design and an attractive supply infrastructure ensure a high level of user satisfaction. In addition, the building is designed to be barrier-free and offers potential for the installation of a photovoltaic system to further increase sustainability.

“The BRIX” is located in the southern part of Essen on the opposite side of the street from the Bismarckplatz underground station, which connects the property with the city center and the main train station in a few minutes. The main train station can be reached on foot in less than 10 minutes. In addition, the multi-tenant is well connected to the road network, including the motorways that lead to Düsseldorf Airport, among other places. In the immediate vicinity there are several restaurants, local suppliers, shopping centers and the Stadtgarten is not far away.

The legal and tax due diligence was carried out by Noerr, the technical and environmental assessment by Kroll.

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