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Commercial brokerage moves 3 Japanese multi-nationals.

Landers Commercial Real Estate, Inc. a full-service real estate brokerage firm specializing in the requirements of the Japanese business community, has just completed lease negotiations for new headquarters facilities for three major Japanese companies operating in the United States.

In a move that represents an expansion of their existing offices by more than 100 percent, Yomiuri America, Inc., the U.S. subsidiary of Yomiuri Shimbun, the world's largest daily newspaper, has relocated from 500 Fifth Avenue into approximately 12,500 square feet at 666 Fifth Avenue.

The 12-year lease has an aggregate value of $6 million.

A 2,000-square-foot portion of the new Yomiuri space will be sublet to Yoshida Insurance Agency, which is also relocating its headquarters its headquarters from 500 Fifth Avenue.

In a third move, Osakagodo America, Inc., which is developing its business base here in enemicals, coloring materials and resins and related products, will relocate from 675 Third Avenue to 600 Third Avenue.

Osakagodo will take 1,350 square feet for a five-year term.

All three leases were brokered by Jeffrey A. Landers, president, and Yoshio Kano, executive vice president of Landers.
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Title Annotation:Landers Commercial Real Estate Inc.
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Apr 22, 1992
Previous Article:Newmark buys and leases for advertising agency.
Next Article:New America Network handles second lease for Airborne.

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