Mitsui Fudosan America Press Releases and Articles

Related’s towers rising over the Eastern Railyards as part of the Hudson Yards redevelopment have been well over a decade in the making, but one block to the north, progress has been substantially faster on the redevelopment of the southwest corner of 34th Street and 10th Avenue. YIMBY previously reported that Mitsui Fudosan took a 90% ownership stake from Related as of early September, and now, excavation is underway.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company, has announced the closing of $3.8 billion in capitalization for 50 Hudson Yards, the development’s park-front, flagship office tower.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company, announced today the purchase of a majority ownership interest in Waterfront Corporate Center III in Hoboken, New Jersey. MFA’s ownership is in partnership with Manhattan-based SJP Properties, which developed and manages the building. Waterfront Corporate Center III, located at 221 River Street, is a 511,637-square-foot, fully leased office property with 24,694 rentable square feet of retail space located on the Hoboken waterfront.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company and Taconic Investment Partners, LLC today announced a joint venture to develop a residential building at 525 West 52nd Street in New York City’s Clinton neighborhood. The 392-unit project will include 79 units of low-income affordable housing – 20 percent of the development’s total.

Mitsui Fudosan America Inc., the U.S. operations of Japan’s largest real estate company, announced today that it has appointed John E. Westerfield Chief Executive Officer and member of the board of directors of MFA effective April 1st. The company also announced that Kaoru Yamaoka will assume the title of President of MFA.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company, Related Companies and Oxford Properties Group today announced that they have partnered on the full capitalization of Fifty Five Hudson Yards and commenced groundbreaking on the trophy office tower. Located at 33rd Street and 11th Avenue on Hudson Park & Boulevard, Fifty Five Hudson Yards is the latest addition to the commercial office tower collection in the renowned 28- acre Hudson Yards development. The investment represents a new trophy property in the expanding portfolio of global real estate leader Mitsui Fudosan Group.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company announced today that it has successfully completed the following four leasing transactions totaling 162,027 square feet at its flagship building, 1251 Avenue of the Americas, during the three months ended October 31.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company, announced today that it has opened an office in San Francisco, CA. The office expands MFA’s presence in the U.S. as it continues to make acquisitions in key markets and pursue development projects. The opening of the new San Francisco office underlines MFA’s interest in increasing its activities in the west coast’s gateway cities, notably Los Angeles, San Francisco and Seattle.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company announced today that it has formed a joint venture with SKS Partners to develop a premier Class A office building at 270 Brannan Street in San Francisco. The joint venture will pursue LEED Platinum status for a 202,000 gross square foot building located near Second Street in SOMA’s historic South Beach district. Brannan Street serves as the main thoroughfare in the SOMA area, which is considered the center of San Francisco’s technology industry and many of the Silicon Valley’s leading technology companies.

Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company, announced today the purchase of a 95 percent interest in a venture to develop a 170,000-squarefoot, trophy-class, office building at 1200 17th Street NW, Washington, D.C, prominently located in the heart of downtown Washington, D.C. This is MFA’s second investment in the Washington, D.C. market this year and its seventh acquisition in the U.S. since launching a new initiative to expand and refine its portfolio.