Hulic Acquires Office Building in Koto Ward’s Toyo
Hulic acquired East Net Building I, an office building in Toyo 7-chome, Koto Ward, Tokyo, in March 2026. The sellers were Irimaru Lumber and Kakumaru.
The property is a retail and office building completed in 2001 and expanded in 2010. It is located a seven-minute walk from Toyocho Station on the Tokyo Metro Tozai Line. The building has eight above-ground floors and a Gross Floor Area of approximately 6,075 tsubo (approx. 216,200 sq. ft.).
Toyocho offers strong access to the Otemachi and Nihonbashi areas and serves as a business hub in eastern Tokyo, with the Koto Ward Office, large hotels and office buildings concentrated in the area. Hulic also owns Hulic Kiba Building in nearby Toyo 3-chome, and the acquisition is positioned as an expansion of the company’s income-producing real estate portfolio in eastern central Tokyo.
Key Facts
- Property Name: East Net Building I
- Buyer: Hulic Co., Ltd.
- Sellers: Irimaru Lumber Co., Ltd.; Kakumaru Co., Ltd.
- Transaction Price: Undisclosed
- Trustee: Mitsubishi UFJ Trust and Banking Corp.
- Location: 7-1-1 Toyo, Koto Ward, Tokyo
- Nearest Station: Seven-minute walk from Toyocho Station on the Tokyo Metro Tozai Line
- Acquisition: March 2026
- Completion: March 2001
- Expansion: March 2010
- Number of Floors: 8F
- Structure: Steel-frame and steel-frame reinforced concrete
- Gross Floor Area: Approximately 6,075 tsubo (approx. 216,200 sq. ft.)
- Typical Floor Plate: Approximately 343 tsubo (approx. 12,200 sq. ft.)
- Ceiling Height: 2,750 mm
- Elevators: Four