The historic seven-storey office and commercial building was constructed in the late 19th century and features a heritage-protected façade. The building was completely refurbished in 2001. It offers 8,557 sq m of rental space and has 23 parking spaces for cars on the basement level. There are two retail stores on the ground floor; the rest of the space is let to a total of seven office tenants. The main tenant is TLG Immobilien AG.

The property is in a quiet yet very central location on Hausvogteiplatz square, not far from Gendarmenmarkt square. Nearby there are predominantly historic office and residential buildings as well as high-quality new-build apartments, high-end bars, restaurants and cafés and the German Federal Foreign Office on Kurstraße. The key potential tenants in this central location include embassies, industry associations, representative offices for businesses, and consultancies. It also has excellent public transport links: the Hausvogteiplatz subway station is directly outside the building and served by the U2 line.