MLE Acquires Newly Built “MipLa Sapporo Ekimae” Office Building Near Sapporo Station
MLE, a wholly owned subsidiary of Mizuho Leasing, has acquired the newly built office building “MipLa Sapporo Ekimae” in Sapporo’s Kita Ward. The asset marks the fourth property in the company’s “MipLa” office series. Completed at the end of September, the 11-story retail and office building sits a two-minute walk from the west exit of Sapporo Station, offering both prime transit access and contemporary architectural features.
The building provides a Gross Floor Area of approx. 2,244 tsubo (approx. 74,200 sq. ft.), with column-free standard floors of approx. 171 tsubo (approx. 5,600 sq. ft.), except for partial areas. It supports up to four subdivisions per floor, with minimum suites starting at approx. 25 tsubo (approx. 830 sq. ft.). Ceiling heights are set at 2,800 mm, with the ground-floor retail area offered in shell condition with a planned ceiling height of 3,500 mm. Additional features include a 22-space structured parking garage, providing flexibility and convenience for tenants.
The common areas adopt a hotel-inspired interior design, and the 11th floor houses “MipLa Terrace,” a multipurpose space with an outdoor terrace aimed at enhancing tenant comfort.
“MipLa” is MLE’s office brand built around the concept of offering distinctive design and a sense of relaxation. By unifying assets under a single brand, MLE aims to strengthen tenant recognition, streamline operational expertise, and expand its mid-sized urban office portfolio.
Around Sapporo Station, large-scale redevelopment continues across the Kita-5-Nishi-1 and Kita-5-Nishi-2 districts, driven in part by the planned Hokkaido Shinkansen extension to Sapporo. Although some project revisions have been reported due to rising construction costs, the broader long-term vision for station-area revitalization remains intact. Positioned just two minutes from Sapporo Station’s west exit, the newly completed property is expected to capture demand in this evolving micro-market, with its multi-tenant floor configurations supporting a wide range of occupier needs.
Key Facts
Property Name: MipLa Sapporo Ekimae
Buyer: ML Estate Company, Limited
Seller: Undisclosed
Transaction Price: Undisclosed
Location: 5-1, Kita 7-jo Nishi 5-chome, Kita-ku, Sapporo
Nearest Station: JR lines / Subway Namboku Line / Toho Line “Sapporo” Station — 2 minutes on foot
Completion: Late September 2025
Number of Floors: 11F
Gross Floor Area: approx. 2,244 tsubo (approx. 74,200 sq. ft.)