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Mando Acquires Mixed-Use Building in Front of Meguro Station

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Mando Acquires Mixed-Use Building in Front of Meguro Station

Mando has acquired EIWA Meguro, a mixed-use building with retail, office and residential uses, located in Kami-Osaki 3-chome, Shinagawa Ward, Tokyo. The seller is believed to be Sanyu Keiei Sogo Jimusho Y.K. The property is located a three-minute walk from Meguro Station on the JR Yamanote Line, Tokyo Metro Namboku Line and Tokyu Meguro Line.

The property is a three-story steel-frame building completed in April 1979. It is a small-scale building with a Gross Floor Area of approximately 76 tsubo (approx. 2,704 sq. ft.). It is also within walking distance of multiple stations, including Shirokanedai Station, about 10 minutes away on foot, and Gotanda Station, about 11 minutes away on foot.

Mando is a real estate company headquartered in Ebisu, Shibuya Ward, and is engaged in a full range of real estate businesses, including acquisitions and sales, property management and renovation. The property appears to have been owner-occupied for many years by a local company, and Mando acquired it after changes in ownership over time.

At Meguro Station, JR East is moving forward with construction of the JR Meguro Building, a station-connected mixed-use project with nine above-ground floors and a Gross Floor Area of approximately 3,900 tsubo (approx. 138,743 sq. ft.), scheduled to open in winter of fiscal 2028. The plan calls for retail space on the lower floors and offices on the middle and upper floors. As the station-front area continues to be upgraded, this small-scale property located a three-minute walk from the station stands to benefit from rising area value associated with redevelopment.

Key Facts

  • Property Name:

    EIWA Meguro

  • Buyer:

    Mando Co., Ltd.

  • Seller:

    Sanyu Keiei Sogo Jimusho Y.K.

  • Location:

    3-4-6 Kami-Osaki, Shinagawa Ward, Tokyo

  • Nearest Station:

    Meguro Station on the JR Yamanote Line, Tokyo Metro Namboku Line and Tokyu Meguro Line, a 3-minute walk

  • Completion:

    April 1979

  • Number of Floors:

    3F

  • Structure:

    Steel

  • Gross Floor Area:

    Approximately 76 tsubo (approx. 2,704 sq. ft.)

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