Cushman & Wakefield, a leading global real estate services firm, announced today that it has been appointed to lease space in a new office building currently under construction in Sapporo, Hokkaido.
The “Keihan Kita 10 West 3 South Office Project” (tentative name) will consist of nine floors above and one floor below ground, offering a total floor space of approximately 13,223 m2. Scheduled for completion by the end of June 2021, this large-scale office building will offer approximately 1,386 m2 of space per floor with flexible layout options in a pillarless space, a design well-suited for call centres and IT companies. Cushman & Wakefield’s highly experienced Leasing Management team will provide the landlord with optimal leasing solutions that leverage the scale and location characteristics of the property to attract the most suitable tenants.
Conveniently located within the North Exit area of Sapporo Station, the "Keihan Kita 10 West 3 South Office Project" (tentative name) is a 5-minute walk from JR Sapporo Station and a 3-minute walk from Kita 12 Jo Station on the Sapporo Municipal Subway Namboku Line. A lounge and a multi-purpose space will be available on the 1st and 9th floors of the building exclusively for tenants.
Isao Matsukawa, Senior Manager, Leasing Advisory Group at Cushman & Wakefield stated: "Although the outlook is uncertain due to the COVID-19 pandemic, the supply of office space in Sapporo is very limited due to a scarcity of new projects. Furthermore, with office vacancy rates in Sapporo at an all-time low, we are confident that the “Keihan Kita 10 West 3 South Office Project” will attract strong interest, particularly from call centres and companies looking to expand their footprint in Sapporo.”
Property Overview
- Location: 3-chome, 10 jo Nishi, Kita-ku, Sapporo-shi, Japan
- Access: 5 minutes on foot from JR Sapporo Station; 3 minutes on foot from Sapporo Municipal Subway Kita 12 Jo Station
- Structure: Steel structure/steel reinforced concrete (new earthquake-resistant structure)
- Number of Floors: 9 floors above ground/1 floor below ground
- Completion: End of June 2021 (planned)
- Standard floor space: 1,386 m2 (419.29 tsubo)
- Parking: 62 spaces (18 flat + 44 mechanical)
- Design and construction: Takenaka Corporation
For more information regarding the property, please contact Cushman & Wakefield’s Leasing Advisory Group.
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About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
