JAPANESE
JAPANESE
Japan Real Estate Insights by estie
Japan Real Estate Insights by estie
Japan Real Estate Insights by estie
/
Office
/

Vortex Acquires Mixed-Use Building in Nihonbashi Honcho

OfficeTransaction

Vortex Acquires Mixed-Use Building in Nihonbashi Honcho

Vortex announced on September 5 that it has acquired the property “VORT Nihonbashi Hongin-dori (tentative name)” in Tokyo’s Chuo Ward.

The building was completed in June 2024 and features 10 stories above ground and one below, with a gross floor area of approximately 351 tsubo (approx. 11,600 sq. ft.). The property’s layout consists of retail space from the basement through the second floor, office space on the third to seventh floors, and residential units on the eighth to tenth floors, with each floor generally designed for single-tenant occupancy.

Vortex plans to convert the asset into sectional ownership and sell it to investors.

Key Facts

  • Property Name: VORT Nihonbashi Hongin-dori (tentative name)

  • Buyer: Vortex Co., Ltd.

  • Seller: Not disclosed

  • Transaction Price: Not disclosed

  • Location: 4-5-13 Nihonbashi-Honcho, Chuo-ku, Tokyo

  • Nearest Station: JR Sobu Line “Shin-Nihombashi” Station, 3-minute walk / Tokyo Metro Ginza Line “Mitsukoshimae” Station, 6-minute walk

  • Completion: June 2024

  • Number of Floors: 10F / B1

  • Gross Floor Area: approx. 351 tsubo (approx. 11,600 sq. ft.)

Related Articles