Asset Management Company
Mizuho REIT Management Co., Ltd.
Mizuho Trust & Banking




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OT-7 ONEST Nakano Building (Miyaji Building)

Address 1-11-2 Arai, Nakano-ku, Tokyo
Site Area 661.97m²
Total Floor Space 4,316.75m²
Appraisal Value ¥3,370 million
Construction /
Number of Floors
Completed August 1994
Acquisition Date October 2013
Type of Ownership Proprietary ownership

Characteristics of the Location

    ● This property is located approximately 460 m north of Nakano Station. From Nakano Station, the JR Chuo Line and the Tokyo Metro Tozai Line are available. With a connection to Shinjuku Station in approximately six minutes, and Tokyo Station in approximately 30 minutes, the property offers convenient access to various parts within the Tokyo metropolitan area.
    ● While Nakano Ward has a strong image as a residential area and commuter town for the Tokyo metropolis, the construction of several large-scale buildings was completed in May 2012 as a result of the redevelopment project on the former site of the National Police Academy in front of Nakano Station, creating a new image for the office town in recent years.
    ● The property is located at the intersection of Nakano-dori Avenue and Waseda-dori Avenue offering good visibility. In light of the heavy traffic on the two facing roads and the nearby Nakano Sunmall Shopping Street and Nakano Broadway located along the approach to the station, we believe that there will be promising demand for the retail store on the first floor of this property.

Press Release

February 28, 2019
Notice concerning Change of Property NamesPDF(77.5KB)
October 10, 2013
Notice concerning Completion of Asset AcquisitionPDF(205KB)