[Nagoya Edition] [Latest Office Market Report Released] Office Vacancy Rate Unchanged from Previous Month

Sanko Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Shojiro Fukushima) has released "Office Market July 2026 Nagoya," which compiles the office leasing situation in Nagoya City (vacancy rate & available space: all sizes; asking rent & available space: all sizes; vacancy rate by size; vacancy rate in major areas*1: all sizes) for June 2026, and market data for large buildings in six major cities nationwide (Tokyo, Sapporo, Sendai, Nagoya, Osaka, Fukuoka).

*1: Major areas = Meieki Area, Sakae Area, Fushimi Area in Nagoya City

*Survey period: As of the end of June 2026 and as of December 31 of each year

*This press release and published data can also be viewed at the following URL: https://www.sanko-e.co.jp/data/

Branch Manager's Perspective

The large-scale building "The Landmark Nagoya Sakae," completed in March, celebrated the grand opening of its commercial floor "HAERA." In addition to a luxurious tenant mix, it features the first cinema complex in the Sakae area and a food hall in the basement, creating a vibrant atmosphere. The luxury hotel "Conrad Nagoya" on the upper floors is scheduled to open at the end of July, indicating not only an update of office stock but also a revitalization of the Sakae area. (Kazuyuki Ito, Nagoya Branch Manager)

Nagoya City All Sizes Building Vacancy Rate & Potential Vacancy Rate

Vacancy Rate Unchanged from Previous Month, Approaching 2% Range for the First Time Since June 2020

The vacancy rate remained unchanged from the previous month at 3.00%, hovering just below the 2% range for the first time since June 2020. While vacancies occurred in large buildings in major areas, absorption of vacant space progressed, particularly in the Sakae area. The potential vacancy rate increased by 0.09 percentage points from the previous month to 4.85%.

Large-scale available spaces in major areas are limited, and the sense of scarcity has intensified. It is not uncommon for a single vacant unit to receive multiple inquiries, especially in new buildings.

<Vacancy Rate & Potential Vacancy Rate>

Nagoya City All Sizes Building Asking Rent & Available Space

Asking Rent Decreased from Previous Month, Continuing to Fluctuate Around ¥13,000/tsubo

The asking rent decreased by ¥111/tsubo from the previous month to ¥12,965/tsubo. Although it decreased from the previous month, it continues to fluctuate around ¥13,000/tsubo.

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<Nagoya City Vacancy Rate by Size>

<Nagoya City All Sizes Building Major Area Vacancy Rate>

<Vacancy Rate Trends (6 Major Cities Large Buildings)>

<Asking Rent Trends (6 Major Cities Large Buildings & Major Station Front Areas)>

Sanko Estate HP: https://www.sanko-e.co.jp/

About Sanko Estate Co., Ltd.

Sanko Estate Co., Ltd. (established May 17, 1977) provides comprehensive support for corporate office strategies. We respond to a wide range of office-related needs, from support and brokerage for selecting rental office buildings to verification and proposals for optimal workplaces, and provision of management functions essential for project execution.