Moving into Tokyo from another Tier 1 market means re-baselining occupancy economics in JPY, re-running headcount density against local norms, and translating lease terminology to local conventions.
Moving into Tokyo from another Tier 1 market means re-baselining occupancy economics in JPY, re-running headcount density against local norms, and translating lease terminology to local conventions.
Headline Tokyo rent is 50000 JPY/sqft/yr ($113 USD). Translate your incumbent occupancy cost-per-seat to the same basis using the Occupancy Cost tool. Most cross-border moves underestimate fit-out">fit-out timeline and overestimate density transferability.
Tokyo leases are typically 5-7 years with a 2-year tenant notice. Standard leases are 'fixed-term' (teiki shakuya) or 'ordinary' (futsu shakuya) — fixed-term is increasingly common for Grade A. Rent is base + common-area maintenance billed separately. Restoration to original (genjo kaifuku) is contractual and significant. Personal seal (jitsuin) requirements apply. Use the Lease Term Translator to map terminology before reading the LOI.
Engage a tenant-rep broker, local counsel, an MEP/AV designer with Tokyo project history, and a project manager who has run a Class A fit-out in this market in the last 24 months.
| city | Tokyo |
|---|---|
| country | Japan |
| region | APAC |
| classARentLocal | 50000 JPY/sqft/yr |
| classARentUsd | $113/sqft/yr |
| vacancy | 4.6% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 4 |
| submarkets | 6 |
| primeYieldPct | 3% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.