{
  "url": "https://classa.info/cities/nagoya",
  "title": "Nagoya Class A Office Market",
  "description": "Japan's automotive HQ capital with deep Toyota, Denso, and Aisin tenancy.",
  "oneSentenceAnswer": "Nagoya Class A office rents around ¥26,000/tsubo/mo · ≈ $58.7 PSF/yr USD, with 5.4% vacancy and 4 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Toyota Motor and the broader Toyota group (Denso, Aisin) anchor structural automotive demand.",
    "Meieki (around Nagoya Station) and Sakae anchor the trophy tier.",
    "Class A vacancy near 5% — among the tightest in Japan.",
    "Linear Chuo Shinkansen (maglev to Tokyo, target 2027+) will reshape post-2030 commute economics."
  ],
  "keyFacts": {
    "city": "Nagoya",
    "country": "Japan",
    "region": "APAC",
    "classARentLocal": "¥26,000/tsubo/mo · ≈ $58.7 PSF/yr USD",
    "classARentUsd": "$58.746824344072486/sqft/yr",
    "vacancyPct": "5.4%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 4,
    "submarkets": 5,
    "corporateTaxPct": "30.62%",
    "talentIndex": 84
  },
  "faqs": [
    {
      "question": "What is the impact of Toyota?",
      "answer": "Material and structural. Toyota Motor (Toyota City, 30 minutes east), Denso, Aisin, and a deep tier-1 supplier cluster anchor Nagoya's automotive engineering Class A demand."
    },
    {
      "question": "How does Nagoya compare to Tokyo or Osaka?",
      "answer": "Nagoya offers material rent discount to Tokyo (~50%) and ~10-15% discount to Osaka. Automotive engineering depth is materially stronger; financial services depth is shallower."
    },
    {
      "question": "What is the impact of Linear Chuo Shinkansen?",
      "answer": "Material long-term. The maglev (target Tokyo-Nagoya 2027+, Osaka 2037+) will reduce Tokyo-Nagoya travel from 90 minutes to 40 minutes — anchoring a multi-decade commute and tenancy re-rating."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/nagoya), updated 2026-04-15T00:00:00.000Z."
}