Osaka Flagship Store Leasing

Lululemon required an uncompromising location in the Kansai region that would promise high brand recognition, while the Landlord imposed strict commercial terms for leasing a favorable location in a popular retail facility. We pitched Lululemon to LUCUA Osaka, which ranks the highest grossing retail facility in the Kansai region, and upon securing preferential negotiation rights, Cushman & Wakefield’s experts successfully led the negotiations of terms that would guarantee obtaining the retail space.        

The client was able to attain their desired goals. After store opening, they became a Tenant that led a boost in the facilities’ sales performance, and we were able to create the optimal outcome for both Landlord and Tenant.

In order to build a fan base, Lululemon repeatedly conducted local events six months prior to store opening. As a result, the day of store opening became a massive success, setting an all-time sales record at LUCUA Osaka, and Lululemon achieving a great start for their flagship store in the Kansai Region.