Office Building in Tokyo’s Busiest Commercial Area Becomes Internationally-Branded Hotel
By
Tony Seruga
The 200-key accommodation facility is scheduled to open in the summer of 2017 and it will be a viable option for tourists in the Japanese capital.
Kinshischo Mark Building
Tokyo—Pacifica Capital K.K., a Tokyo-based commercial real estate developer, announced it will serve as asset manager for the conversion of Kinshicho Mark, an office building situated in a central area of Japan’s capital city, into an internationally-branded three-star hotel. The 10-story facility will have more than 200 guest rooms, with sizes ranging from 194 to over 300 square feet, and it will also offer food, beverage and fitness amenities.
“The market for internationally-branded limited service hotels is virtually untapped in Japan, so we have high expectations for this project. With a huge shortage of land ready for development, we believe conversion of existing buildings such as offices is an attractive way to open more hotels faster to serve the needs of this growing market”, said President & CEO of Pacifica Capital K.K. Seth Sulkin…
Office Building in Tokyo’s Busiest Commercial Area Becomes Internationally-Branded Hotel
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