Izumi Jisho Acquires Office Building in Shimbashi
Izumi Jisho acquired Hanaoka Building, an office property in Shimbashi 5-chome, Minato Ward, Tokyo, from an individual owner in March 2026.
Completed in 1979, the building has five floors above ground and one below, with a typical floor plate of approximately 24 tsubo (approx. 900 sq. ft.). It is a five-minute walk from Onarimon Station and a seven-minute walk from Shimbashi Station.
The vacancy rate for office buildings in Shimbashi, Minato Ward, with typical floor plates of less than 50 tsubo (approx. 1,800 sq. ft.) rose during the COVID-19 pandemic and hovered around 4%, but it has been trending lower since the second half of 2025 and stood at about 2.5% as of July 2026, indicating tight supply and demand (compiled by the editorial team based on estie office research).
Izumi Jisho acquires warehouses, factories and office buildings and plans renovations across Tokyo's 23 wards, southern Saitama Prefecture and Kawasaki, Kanagawa Prefecture. In the same month, it also acquired Shiba Kobayashi Building, a small office property completed in 1993 in Shiba 1-chome, Minato Ward, adding to a series of small-building acquisitions in the ward (see related article: Izumi Jisho Acquires Office Building in Tokyo's Minato Ward).
Key Facts
- Property Name: Hanaoka Building
- Buyer: Izumi Jisho Co., Ltd.
- Seller: Individual owner
- Acquisition Date: March 12, 2026
- Location: 5-29-6 Shimbashi, Minato-ku, Tokyo
- Nearest Station(s): Five-minute walk from Onarimon Station on the Toei Mita Line / Seven-minute walk from Shimbashi Station on the JR Yamanote and Keihin-Tohoku Lines / Eight-minute walk from Shiodome Station on the Toei Oedo Line and the Yurikamome Line / 10-minute walk from Daimon Station on the Toei Asakusa and Toei Oedo Lines
- Completion: April 1979
- Number of Floors: 5F / B1 (reinforced concrete construction)
- Use: Office / Residence / Retail
- Area: Typical floor plate of approximately 24 tsubo (approx. 900 sq. ft.) / Gross Floor Area of approximately 128 tsubo (approx. 4,600 sq. ft.)
