Shinwa Real Estate Acquires Office Building in Osaka’s Tanimachi 4-chome

Shinwa Real Estate has acquired the NS-21 Building, an office property located in Tanimachi 3-chome, Chuo Ward, Osaka.

The property is a nine-story office building with two basement levels, built with steel-reinforced concrete construction, and is located a three-minute walk from Tanimachi 4-chome Station. It was completed in May 1995 and has a gross floor area of approximately 1,625 tsubo (approx. 53,720 sq. ft.). The typical floor plate is about 110 tsubo (approx. 3,637 sq. ft.). Ceiling height is 2,650 mm, and the building is equipped with two elevators.

Tanimachi 4-chome Station is served by the Osaka Metro Tanimachi and Chuo lines and is located in a government district where public-sector offices such as the Osaka Prefectural Government Office and Osaka Prefectural Police Headquarters are concentrated.

Shinwa Real Estate is engaged in the planning and development of condominium brands including Splendide and Dolce Vita, while also developing and operating hotels and income-producing buildings. The company is headquartered in Chuo Ward, Osaka, and also has offices in Tokyo and Nagoya. Seller DOORDO, founded in 2008, is a full-service real estate developer that handles everything from land acquisition to construction on a one-stop basis.

Key Facts

• Property Name: NS-21 Building

• Buyer: Shinwa Real Estate Co., Ltd.

• Seller: DOORDO Co., Ltd.

• Location: 3-1-18 Tanimachi, Chuo Ward, Osaka, Osaka Prefecture

• Nearest Station: Tanimachi 4-chome Station on the Osaka Metro Tanimachi and Chuo lines, a 3-minute walk

• Completion: May 1995

• Number of Floors: 9F / B2 Structure: Steel-reinforced concrete

• Area: Gross Floor Area approx. 1,625 tsubo (approx. 53,720 sq. ft.); Typical Floor Plate approx. 110 tsubo (approx. 3,637 sq. ft.)

• Ceiling Height: 2,650 mm

• Floor Load: 500 kg/㎡

• Elevators: 2

• Parking: 20 spaces