Sumitomo Corporation Acquires Takara Building in Kanda, Tokyo

Sumitomo Corporation announced on July 1 that it has acquired the Takara Building, an office property in Kanda, Chiyoda-ku, from Takara Inc. The transaction price was not disclosed.

The property is located a one-minute walk from Toei Shinjuku Line’s Ogawamachi Station, a two-minute walk from Tokyo Metro Marunouchi Line’s Awajicho Station, and a two-minute walk from Tokyo Metro Chiyoda Line’s Shin-Ochanomizu Station. Completed in 1963, the building rises 13 stories above ground with two basement levels and has a gross floor area of approximately 874 tsubo (approx. 28,900 sq. ft.).

Key Facts

• Property Name: Takara Building

• Buyer: Sumitomo Corporation

• Seller: Takara Inc.

• Transaction Price: Not disclosed

• Location: 1-6-1 Kanda Ogawamachi, Chiyoda-ku, Tokyo

• Nearest Station: 1 min. walk from Ogawamachi Station (Toei Shinjuku Line) / 2 min. walk from Awajicho Station (Tokyo Metro Marunouchi Line) / 2 min. walk from Shin-Ochanomizu Station (Tokyo Metro Chiyoda Line)

• Completion: June 1963

• Number of Floors: 13F / B2

• Gross Floor Area: approx. 874 tsubo (approx. 28,900 sq. ft.)