Toranomon's tenant base is anchored by foreign banks, professional services, government-linked corporates.

  • Tier: trophy.
  • Tenant character: Resurgent trophy submarket between Marunouchi and Roppongi.
  • Average rent: ¥50,000/tsubo/mo · ≈ $113 PSF/yr USD.

Toranomon, Tokyo tenant profile

Toranomon's tenant base is anchored by foreign banks, professional services, government-linked corporates.

TL;DR

  • Tier: trophy.
  • Tenant character: Resurgent trophy submarket between Marunouchi and Roppongi.
  • Average rent: ¥50,000/tsubo">tsubo/mo · ≈ $113 PSF/yr USD.

Who clusters here

Foreign banks, professional services, government-linked corporates.

What that means for newcomers

Newcomers to Toranomon 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

cityTokyo
submarketToranomon
tiertrophy
averageRentLocal¥50,000/tsubo/mo · ≈ $113 PSF/yr USD
cityClassARentUsd$113/sqft/yr
cityVacancyPct4.6%

Frequently asked questions

What kind of tenants lease in Toranomon?
Foreign banks, professional services, government-linked corporates.

Related

Editorial provenance

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

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