Tokyo Urban Development Expands Portfolio with Office Acquisition in Kudanshita

Tokyo Urban Development Co., Ltd. acquired the Kobayashi Building, an office property located in Kudanshita-Minami 4-chome, Chiyoda-ku, Tokyo, from a private individual in May 2025.

The property sits between JR Chuo-Sobu Line’s Ichigaya Station and Tokyo Metro Hanzomon Line’s Hanzomon Station. It is a six-story office building completed in May 1984 with a gross floor area of approximately 333 tsubo (approx. 11,000 sq. ft.).

The buyer, Tokyo Urban Development Co., Ltd., was established in 1980 with funding from the Tokyo Metropolitan Government as a third-sector entity. The company specializes in urban redevelopment projects, handling planning through property management and operations.

It has particular expertise in revitalizing properties with complex ownership rights, such as land leasehold interests, fractional ownerships, and aging buildings. Its redevelopment track record includes large-scale projects such as Shinjuku Kokusai Building and Shinjuku Island Tower.

Key Facts

• Property Name: Kobayashi Building

• Buyer: Tokyo Urban Development Co., Ltd.

• Seller: Private owner

• Transaction Price: Not disclosed

• Location: 2-10 Kudanminami 4-chome, Chiyoda-ku, Tokyo

• Nearest Station: 2-minute walk to Ichigaya Station (JR Chuo-Sobu Line) / 8-minute walk to Hanzomon Station (Tokyo Metro Hanzomon Line)

• Completion: May 1984

• Number of Floors: 6F

• Gross Floor Area: approx. 333 tsubo (approx. 11,000 sq. ft.)