Mitsubishi Estate Residence Sells Office Building in Tokyo’s Shintomicho District

2026/02/12

Mitsubishi Estate Residence announced that on October 30, 2025, it completed the sale of an office building in Chuo-ku, Tokyo — The Parklex Shintomicho — to Sun Frontier Fudosan. The building is located in a prime central Tokyo location with exceptional transit access, situated just a short walk from multiple subway lines.

The seller, Mitsubishi Estate Residence, is primarily focused on residential development, and this office asset was considered a non-core holding. The property was originally acquired from an individual investor in June 2016, and was held for approximately nine years before the disposition.

Sun Frontier Fudosan, the purchaser, specializes in value-add repositioning of small-to-mid size office buildings within Tokyo’s “5 Wards” submarket. Since 2001, the company has completed over 500 acquisitions under this strategy, with cumulative transaction volume exceeding JPY 628 billion — highlighting its active presence in the Tokyo office value-add space.

Given the property’s age (34 years), footprint, and walkable access to multiple transit lines, this building profile aligns well with Sun Frontier’s core investment and repositioning focus.

Key Facts

Property Name: The Parklex Shintomicho
Seller: Mitsubishi Estate Residence Co., Ltd.
Buyer: Sun Frontier Fudosan Co., Ltd.
Location: 1-9-6 Shintomi, Chuo-ku, Tokyo
Nearest Transit: 1-minute walk from Tokyo Metro Yurakucho Line “Shintomicho” Station; also within walking distance of Toei Asakusa Line “Takaracho” Station and Tokyo Metro Hibiya Line “Tsukiji” Station
Completion: July 1991
Number of Floors: 9F / B1 (Structure: SRC)
Gross Floor Area: approx. 996 tsubo (approx. 35,458 sq. ft.)
Typical Floor Size: approx. 100 tsubo (approx. 3,558 sq. ft.)