Mitsui Fudosan America's investment strategy is to expand our US portfolio by acquiring and developing high-quality office and residential properties in urban centers with outstanding economic and infrastructure fundamentals. Their core markets are New York, San Francisco, Seattle, Los Angeles, Boston and Washington DC.
Mitsui Fudosan America, Inc. (MFA) is the US subsidiary of Japan's largest real estate company, Mitsui Fudosan Co., Ltd., a company with approximately $50 billion of assets. MFA is headquartered in New York, and is responsible for Mitsui Fudosan's real estate investment and development activities in North America.
MFA's US portfolio currently includes 4 million square feet of office properties; 4.4 million square feet of office space under development, including 50 and 55 Hudson Yards; 1,167 residential apartments; 1,284 additional residential units under development; 336 condo units and 26 townhomes under development; 753 hotel rooms; and several development sites. MFA has been active in the United States since the 1970s, and currently owns assets in the New York, Washington, Los Angeles, San Francisco, Seattle and Honolulu metropolitan areas. Purchased in 1986, MFA's flagship commercial property is 1251 Avenue of Americas in New York City - a 2.4 million square foot, Class A office building located at the corner of 50th Street and Sixth Avenue, and one of New York's premier office properties.
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