Mitsui Fudosan America Press Releases and Articles

Mitsui Fudosan America, Inc. (MFA) today announced the purchase of an 80% controlling interest in The Homer Building, a landmark office property of nearly 422,000 square-feet. The Homer Building is located in the heart of Washington, D.C., just three blocks from the White House. Tenants include General Mills, Amgen, and Toyota. With this acquisition MFA now owns approximately 3.8 million square feet of commercial space in the U.S.

Mitsui Fudosan America, Inc. (MFA) today announced the purchase of 527 Madison Avenue, a 240,000 square-foot Class A office building located in Manhattan’s Plaza District. Built in 1986, the 26-story office tower is currently over 90 percent leased. Tenants include Sumitomo Trust & Banking, Sanders Morris Harris Group, and W.P. Stewart. Terms of the transaction were not disclosed.

Mitsui Fudosan America, Inc. (MFA), the U.S. subsidiary of Japan’s largest real estate company, Mitsui Fudosan Co., Ltd., today announced the appointment of Christopher N. Perez as Senior Vice President. Mr. Perez joined MFA as Assistant Director of Property Management in 1988, and brings more than 20 years of experience in commercial real estate leasing, asset management and investment to his new position. Mr. Perez is based in the company’s U.S. headquarters at flagship property 1251 Avenue of the Americas, and will report to CEO Hiroki Saito. Most recently, Mr. Perez served as the Vice President of the Asset Management & Leasing department at MFA, where he was responsible for portfolio assets totaling more than three million square feet and successfully leased more than two million square feet.

Mitsui Fudosan America, Inc. (MFA), the U.S. subsidiary of Japan’s largest real estate company, Mitsui Fudosan Co., Ltd., today announced the appointment of Hiroki Saito as Chief Executive Officer. Mr. Saito brings more than 20 years of experience in commercial real estate leasing and investment to the position and has relocated to the company’s U.S. headquarters at flagship property 1251 Avenue of the Americas, effective April 1, 2008. Most recently, Mr. Saito served as the executive manager of the finance department, responsible for debt and equity management for the entire Mitsui Fudosan Group of companies. He succeeds Kosei Murakami, who has been promoted to Head of International Operations and will relocate to corporate headquarters in Japan.

Mitsui Fudosan America (MFA), the U.S. subsidiary of Japan’s largest real estate company, Mitsui Fudosan Co., Ltd., today announced that it has leased the 50th floor at its flagship property at 1251 Avenue of the Americas in New York City to investment management firm Paulson & Co. Inc. The lease, totaling 44,100 square feet, has a ten-year term

Mitsui Fudosan America, Inc. (MFA) today announced the purchase of 100 William Street, a 400,000 square-foot Class A office building in downtown Manhattan. The seller was a locally based partnership led by Lighthouse Real Estate Ventures, Inc., which had owned the property since 1999. Built in 1973, the 21-story office tower is currently over 90 percent leased. Tenants include Reuters, Interactive Data Corporation, Level 3 Communications and Citibank. Terms of the transaction were not disclosed.

The Swig Company and Mitsui Fudosan America, Inc. (MFA), today announced the purchase of 180 Montgomery Street, a 300,000 square-foot Class A office building in the heart of San Francisco’s financial district. The seller was a locally based partnership led by TMG Partners, which had owned the property since September 2000. Built in 1979, the 25-story office tower is currently almost 100 percent leased. Tenants include Bank of the West, Ameriprise, Daoro Zydel, Intermediary Insurance and Schneider & Wallace. Terms of the transaction were not disclosed.

Mitsui Fudosan America, Inc. (MFA), the U.S. subsidiary of Japan’s largest real estate company, Mitsui Fudosan Co., Ltd., today announced the formation of a joint venture with Akridge, a comprehensive real estate services firm. Under the terms of the agreement, MFA will acquire a substantial stake in the planned 12-story, 300,000 square foot office building to be constructed at 700 Sixth Street in downtown Washington, D.C. The Akridge Office Fund will also be an equity investor in the development. Financial terms were not disclosed.