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[Sendai] Office Market Report: Office Vacancy Rate Declines for 2 Consecutive Months

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Sanko Estate has released the "Office Market June 2026 Sendai" report. As of May 2026, the vacancy rate for all building sizes in Sendai City fell 0.23 points to 5.10%, marking a two-month consecutive decline, while asking rents rose to 12,148 JPY/tsubo, also for the second consecutive month.

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Frequently Asked Questions

Q: What was the office vacancy rate in Sendai City in May 2026?
A: The office vacancy rate for all sizes of buildings in Sendai City in May 2026 was 5.10%, down 0.23 points from the previous month.
Q: What is the trend in office asking rents in Sendai City?
A: The asking rents for offices in Sendai City in May 2026 increased by 56 yen to 12,148 yen per tsubo, marking the second consecutive month of increases.
Q: What is the office supply situation around Sendai Station?
A: Around Sendai Station, there has been a continued situation of limited availability of large contiguous office spaces.
Q: What is the overview of the (tentative) Sendai City Aoba-ku Honcho 1-chome Project?
A: The project involves the redevelopment of the area surrounding the 'Daiichi Nihon Office Building' on Hirose-dori, planning a large-scale building with 14 floors above ground and 1 floor below ground, aiming for completion in 2030.
Q: What are the main factors contributing to the decrease in vacancy rates?
A: The main factors contributing to the decrease in vacancy rates are the absorption of vacant space through expansions within major buildings and the opening of additional offices or annexes.