Cushman & Wakefield Echinox takes over the management of Mendeleev Office 5

Cushman & Wakefield Echinox was commissioned to manage Mendeleev Office 5, an office building recently delivered in Bucharest downtown, by Akcent Development.

This is the fourth office building that has been taken over under the management of Cushman & Wakefield Echinox, the Asset Services department being responsible for the daily administration of the building, tenant relationship management, operational supervision, financial services and landlord reporting, through on-site specialists and at the company’s headquarters, coordinated by Mihaela Petruescu, Partner Asset Services.

Mendeleev Office 5 is a boutique office building, which revitalizes a historic area of the city, being located between Piaţa Romană and Calea Victoriei.

The building has a rentable surface of 4,500 square meters distributed on basement, ground floor and eight upper floors. The underground parking has 50 places and is equipped with bicycles facilities and electric charging stations.

The project includes walkable terraces, intelligent integrated technologies, hybrid climate-control system architecturally designed and integrated, heat insulation, motorized windows, low energy consumption, and the terraces on the 3rd and 8th floors stimulate the tenants’ creativity and offer a panoramic view of the center of Bucharest.

The occupancy rate of the building is over 60% at delivery, among the tenants being financial consulting, PR and marketing or construction companies (Jazz Communication, Tud Investment Consulting, Aktor, Skin Media). Advanced discussions are for the 6th and 7th floors, therefore only the first floor and the ground floor – suitable for two commercial spaces fitting, are available for lease.

Mendeleev Office 5 is developed by Akcent Development, which also owns Eminescu Offices building, managed by Cushman & Wakefield Echinox, and Rosetti Tower building.

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