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OF-05 Hulic Takadanobaba Building

Address 3-19-10 Takada, Toshima-ku, Tokyo
Walking Distance from Nearest Station Six minutes from Takadanobaba Station, JR Yamanote Line and Tokyo Metro Tozai Line
Total Floor Space 8,090.38㎡
Construction SRC
Completed November 1993
Acquisition Date February 7, 2014
Note 1: The column for total floor space indicates the figure for the entire building as shown in the property registry. This applies also where the holding consists of part of a building under compartmentalized ownership or with a co-ownership interest.
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Characteristics of the Location

The Takadanobaba district, where this property is located, centers on Takadanobaba Station on the JR Yamanote Line, which connects with the stations of the same name on the Tokyo Metro Tozai Line and the Seibu Shinjuku Line.

The district’s office buildings are located chiefly along the main streets. The district and its surroundings are not found in clearly defined clusters of office buildings, but are mixed in among retail facilities, apartment blocks, and other residential buildings.

As for accessibility, tenants have a range of options with services available on the JR Yamanote Line as well as the Tokyo Metro Tozai Line and the Seibu Shinjuku Line. At the same time, the area is known as a location for company branch offices, from which sales staff cover the western parts of Tokyo by car. Buildings with advantages in terms of convenience for car access and number of parking spaces are thus attracting high ratings.

Tenant groups include a large number of corporations renting branch offices, as described above. The district’s location between Shinjuku and Ikebukuro and the fact that rent levels are lower than in these two areas also means that some tenants are relocating to the district to take advantage of lower costs and the availability of parking spaces. At the same time, due to the concentration of universities and other educational institutions in the neighborhood, the area around the station has many tenants in the tutoring business and other educational sectors.

Property Characteristics

This property is located on the main street of Shinmejiro-dori, a six-minute walk from the Takadanobaba station complex, which is served by JR, the Tokyo Metro Tozai Line, and the Seibu Shinjuku Line. Facing the main street, and equipped with a fixed number of parking spaces, the property is likely to appeal to the many company branch offices in the district whose sales staff use cars in their operations.

Size: With a total floor space of 2,722 tsubo* and a typical floor space of 220 tsubo*, the property is one of the larger office buildings in the surrounding district.

Facilities and functions: The property has a ceiling height of 2,650 mm (free access floor 50 mm) and a floor load capacity of 300kg/㎡. Given the low supply of new office space in the district and its surroundings, and given that this kind of high-function office stock meeting the latest benchmarks is in short supply, the facilities and functions of this property should allow it to maintain competitiveness in an area where demand and supply are in balance.
Given this advantage of size, the building is expected to perform competitively in the market.

*1 tsubo: approximately 3.3 ㎡

Press Releases

February 7, 2014
Notice concerning Completion of Asset Acquisition PDF(PDF:437KB)

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