Shinagawa's tenant base is anchored by tech, telecom, pharmaceutical, manufacturer hqs.

• Tier: prime.
• Tenant character: Shinkansen-linked HQ corridor south of central Tokyo.
• Average rent: ¥38,000/tsubo/mo · ≈ $85.9 PSF/yr USD.

TL;DR

• Tier: prime.
• Tenant character: Shinkansen-linked HQ corridor south of central Tokyo.
• Average rent: ¥38,000/tsubo">tsubo/mo · ≈ $85.9 PSF/yr USD.

Who clusters here

Tech, telecom, pharmaceutical, manufacturer HQs.

What that means for newcomers

Newcomers to Shinagawa should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Shinagawa?

Tech, telecom, pharmaceutical, manufacturer HQs.

Related

• Shinagawa — submarket overview
• Tokyo — full city profile
• Tokyo submarkets — all
• Shinagawa — Rents
• Shinagawa — Transit
• Shinagawa — Amenity
• Shinagawa — Buildings

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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