Sakae is a trophy-tier Class A submarket of Nagoya with average asking rent around ¥24,000/tsubo/mo · ≈ $54.2 PSF/yr USD.

  • Heritage retail and trophy submarket.
  • Trophy tier — ~¥24,000/tsubo/mo.
  • Active Class A leasing market with deal flow across major broker desks.

Sakae, Nagoya — Class A submarket

Heritage retail and trophy submarket. · Tier: trophy · Avg rent: ¥24,000/tsubo">tsubo/mo · ≈ $54.2 PSF/yr USD

TL;DR

  • Heritage retail and trophy submarket.
  • Trophy tier — ~¥24,000/tsubo/mo.
  • Active Class A leasing market with deal flow across major broker desks.

Overview

Sakae — the heritage retail and entertainment core — anchors Nagoya's principal heritage trophy submarket. Nagoya Crosscourt Tower, Nikkei Sakae Building, and a deep banking, retail HQ, and professional services tenancy.

Tenant profile

Banking, retail HQs, professional services, hospitality, luxury retail.

Typical specification

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

Transit

Nagoya Subway Higashiyama Line (Sakae), Meijo Line.

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

Amenities

Oasis 21, Mitsukoshi Sakae, Nadya Park.

Comparable buildings

  • Nagoya Crosscourt Tower
  • Nikkei Sakae Building
  • Mitsukoshi Sakae Building

Where Sakae sits in Nagoya

Sakae is one of 5 Class A submarkets we cover in Nagoya, classified as trophy tier with an average asking rent around ¥24,000/tsubo/mo · ≈ $54.2 PSF/yr USD. Compared with the broader Nagoya Class A stock, Sakae typically attracts Banking, retail HQs, professional services, hospitality, luxury retail and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.

Adjacent submarkets to study alongside Sakae: Meieki (Nagoya Station), Fushimi / Marunouchi, Kanayama, Toyota City. The full Nagoya submarket atlas is at /cities/nagoya.

Topic deep-dives for Sakae

For an institutional Class A occupier evaluating Sakae, 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:

Related glossary

Terminology specific to Nagoya Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

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