Mitsubishi Estate sells another Tokyo office
Mitsubishi Estate has sold part of the Gran Tokyo South Tower to Goldman Sachs. Real Capital Analytics estimates the sales price to be ¥38.8 billion ($324 million).
The acquisition was for the floors 14 through 18. The 42-story CBD office tower totals 115,535 square feet. Major tenants include Recruit and Industrial Growth Platform.
Recently, Mitsubishi Estate sold a 5 percent partial interest in the 24-story Shiodome Building in Tokyo for ¥10.11 billion ($84.35 million) to Japan Real Estate Investment.