Sun Frontier Sells Office Building in Hatchobori
Sun Frontier Fudousan sold NOVEL WORK Kyobashi, an office building in Hatchobori 3-chome, Chuo-ku, Tokyo, in May 2026. The buyer was Bear Fudosan, headquartered in Taisho Ward, Osaka.
The property is a five-minute walk from Takaracho Station on the Toei Asakusa Line and a seven-minute walk from Hatchobori Station on the Tokyo Metro Hibiya Line and JR Keiyo Line. Completed in 1986, the five-story building has a typical floor plate of approximately 30 tsubo (approx. 1,100 sq. ft.).
The building had been owned by an individual since it was newly built. Sun Frontier Fudousan acquired it in August 2024 and leased it out as a set-up office.
The company operates a replanning business in which it acquires existing small and mid-sized office buildings and sells them after enhancing their value through renovation and tenant attraction. In the fiscal year ended March 2026, it sold 24 properties through the replanning business, with an average project period of 874 days. The period from acquisition to sale for this property was 633 days. In March 2026, the company also sold Gran First Ebisu, an office building in Ebisu, 801 days after acquiring it (see related article: Sun Frontier Sells Office Building in Ebisu).
Key Facts
- Property Name: NOVEL WORK Kyobashi
- Seller: Sun Frontier Fudousan Co., Ltd.
- Buyer: Bear Fudosan Co., Ltd.
- Sale Date: May 21, 2026
- Location: 3-5-4 Hatchobori, Chuo-ku, Tokyo
- Nearest Station(s): Five-minute walk from Takaracho Station on the Toei Asakusa Line / Seven-minute walk from Hatchobori Station on the Tokyo Metro Hibiya Line and JR Keiyo Line
- Completion: October 1986
- Number of Floors: 5F (reinforced concrete construction)
- Use: Office
- Area: Typical floor plate of approximately 30 tsubo (approx. 1,100 sq. ft.) / Gross Floor Area of approximately 137 tsubo (approx. 4,900 sq. ft.)
