Modesta Real Estate sells former Kiepe Electric production site

Vienna - The sale of a former company location of Kiepe Electric Ges.m.b.H., with which Modesta Real Estate was commissioned in May 2021, was successfully completed at the end of 2021.

The building, in the Ignaz-Köck-Straße, 1210 Vienna, which was constructed in 2004 has served Kiepe 

Electric as a production site for many years prior to the sale. On a property of more than 4,000 m²,

the new owner has almost 5,000 m² of total usable space, consisting of a two-storey production area, modern offices and social rooms as well as a cold storage facility. The property also offers a generous number of parking spaces for employees and customers. Due to the ideal location directly at the motorway exit A22 (Donaukanalstraße) and the busy commercial area in the direct vicinity, the location is an attractive option for companies from a wide range of sectors. 

The property sale to an owner-occupier was concluded as a share deal.