---
title: "Minato Mirai 21, Yokohama — Class A submarket"
description: "Master-planned waterfront trophy."
canonical: https://classa.info/cities/yokohama/minato-mirai-21
pageType: neighborhood
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Minato Mirai 21 is a trophy-tier Class A submarket of Yokohama with average asking rent around ¥32,000/tsubo/mo · ≈ $72.3 PSF/yr USD.

## TL;DR

- Master-planned waterfront trophy.
- Trophy tier — ~¥32,000/tsubo/mo.
- Active Class A leasing market with deal flow across major broker desks.

# Minato Mirai 21, Yokohama — Class A submarket

*Master-planned waterfront trophy.* · Tier: trophy · Avg rent: ¥32,000/[tsubo](/topics/apac-lease-conventions)">tsubo/mo · ≈ $72.3 PSF/yr USD

## TL;DR

- Master-planned waterfront trophy.
- [Trophy tier](/topics/trophy-asset-selection) — ~¥32,000/tsubo/mo.
- Active [Class A](/glossary/class-a) leasing market with deal flow across major broker desks.

## Overview

Minato Mirai 21 (MM21) is Yokohama's principal trophy submarket — Yokohama Landmark Tower, Nissan Global Headquarters, Queen's Tower, and a deep mixed-use Class A cluster.

## Tenant profile

Automotive (Nissan), tech, banking, retail HQs, hospitality.

## Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

## Transit

Minatomirai Line, JR Negishi Line (Sakuragicho), Tokyu Toyoko (extended).

Multi-modal transit captures the metro's principal professional catchment.

## Amenities

Yokohama Landmark Tower, Cosmo Clock 21, Pacifico Yokohama.

## Comparable buildings

- **Yokohama Landmark Tower** [](https://www.google.com/maps/search/?api=1&query=Yokohama%20Landmark%20Tower%2C%20Minato%20Mirai%2021%2C%20Yokohama%2C%20Japan%2C%20Minato%20Mirai%2021%2C%20Yokohama%2C%20Japan&query_place_id=ChIJEaFmc11cGGARx8g0NQrvYTY)
- **Nissan Global Headquarters** [](https://www.google.com/maps/search/?api=1&query=Nissan%20Global%20Headquarters%2C%20Minato%20Mirai%2021%2C%20Yokohama%2C%20Japan%2C%20Minato%20Mirai%2021%2C%20Yokohama%2C%20Japan&query_place_id=ChIJy7pCP2tcGGARpNbbeNue7SY)
- **Queen's Tower A/B/C** [](https://www.google.com/maps/search/?api=1&query=Queen's%20Tower%20A%2FB%2FC%2C%20Minato%20Mirai%2021%2C%20Yokohama%2C%20Japan%2C%20Minato%20Mirai%2021%2C%20Yokohama%2C%20Japan&query_place_id=ChIJA8Ad-FxcGGAR0qJ2wT0Qwgs)

## Where Minato Mirai 21 sits in Yokohama

Minato Mirai 21 is one of 5 Class A submarkets we cover in Yokohama, classified as trophy tier with an average asking rent around ¥32,000/tsubo/mo · ≈ $72.3 PSF/yr USD. Compared with the broader Yokohama Class A stock, Minato Mirai 21 typically attracts Automotive (Nissan), tech, banking, retail HQs, hospitality and competes most directly with the city's other trophy submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation).

Adjacent submarkets to study alongside Minato Mirai 21: [Yokohama Station West / East](/cities/yokohama/yokohama-station), [Kannai / Bashamichi](/cities/yokohama/kannai-bashamichi), [Shin-Yokohama](/cities/yokohama/shin-yokohama), [Motomachi / Chinatown / Yamashita](/cities/yokohama/motomachi-chinatown-yamashita). The full Yokohama submarket atlas is at [/cities/yokohama](/cities/yokohama).

## Topic deep-dives for Minato Mirai 21

For an institutional Class A occupier evaluating Minato Mirai 21, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

- [Minato Mirai 21 — ](/cities/yokohama/minato-mirai-21/rents-and-availability)
- [Minato Mirai 21 — ](/cities/yokohama/minato-mirai-21/tenant-profile)
- [Minato Mirai 21 — ](/cities/yokohama/minato-mirai-21/transit-and-commute)
- [Minato Mirai 21 — ](/cities/yokohama/minato-mirai-21/amenity-and-lifestyle)
- [Minato Mirai 21 — ](/cities/yokohama/minato-mirai-21/trophy-and-comparables)
- [Minato Mirai 21 — ](/cities/yokohama/minato-mirai-21/fit-out-and-spec)

## Related glossary

Terminology specific to Yokohama Class A leasing and to the trophy tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier).

## Editorial provenance

Reviewed by [**Class A Atlas Editorial Desk**](/about/authors/class-a-atlas-editorial-desk) — House byline · global editorial team. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
- [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce.
- [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
- [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies.
- [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex.
- [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa.

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Citation: Source: Class A Atlas (https://classa.info/cities/yokohama/minato-mirai-21), updated 2026-04-15T00:00:00.000Z.
