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OF-08 Hulic Kakigaracho Building

Address 1-28-5 Nihonbashikagigaracho, Chuo-ku, Tokyo
Walking Distance from Nearest Station Two minutes from Suitengumae Station, Tokyo Metro Hanzomon Line
Total Floor Space 4,345.12㎡
Construction SRC
Completed March 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 Ningyocho-Kakigaracho district, where this property is located, centers on the major thoroughfares of Shin-ohashi-dori and Kiyosubashi-dori and is served by Suitengumae Station on the Tokyo Metro Hanzomon Line, Ningyocho Station on the Tokyo Metro Hibiya Line and the Toei Asakusa Line, and Hamacho Station on the Toei Shinjuku Line.

Because most of its office stock was created in the bubble era of the 1980s-90s, the district is a relatively recent entrant into the Tokyo office market. Another characteristic is the preponderance of small- to medium-sized buildings. These office buildings of relatively large scale are concentrated along the main thoroughfares, with a mixture of small-sized buildings, apartment blocks, and other properties in the side streets off the main thoroughfares.

The typical office client profile is a tenant seeking a relatively inexpensive rent for the Chuo Ward area.

Property Characteristics

This property is located around two minutes’ walk from Suitengumae Station on the Tokyo Metro Hanzomon Line, six minutes’ walk from Kayabacho Station on the Tokyo Metro Tozai Line, and around six minutes’ walk from Ningyocho Station on the Tokyo Metro Hibiya Line. The location is attractive because of its proximity to the nearest station and its access to a number of subway lines. Additionally, the property’s position on the district’s main thoroughfare, Shin-ohashi-dori, should make it competitive against buildings located on side streets off the main thoroughfares.

The property was a reconstruction project by Fujigin Building Co., Ltd. (now Hulic Co., Ltd.).

Size: The property is a building with a total floor space of 1,420 tsubo* and a typical floor space of 102 tsubo*.

Facilities and functions: The ceiling height of 2,590 mm (free access floor 100 mm), floor load capacity of 500kg/㎡, and other specifications are considered typical for the district.

Offering typical levels of amenity in terms of size and function, and with an added bonus in terms of location, this office building should 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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