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A successful strategic partnership to consolidate Microsoft's Tokyo offices
TOKYO, 23 April 2010 — Jones Lang LaSalle has advised on the consolidation and relocation of Microsoft Japan to Shinagawa Grand Central Tower, as part of its ongoing review of Microsoft’s portfolio in Japan.
Microsoft Japan plans to consolidate a total of five offices, including its headquarters in Yoyogi, by February 2011. It will lease a total of 13 floors, at the new location, equivalent to about 11,000 tsubo (36,000 sqm), situated from the 19th to the 31st floor.
In selecting the premises Jones Lang LaSalle kept its focus on Microsoft’s business strategy in Japan, whilst providing advice to help Microsoft leverage the current economic environment and property market cycle.
Toshio Yamagata, Director and Portfolio Manager of Microsoft Japan, says, “Microsoft considers Japan as the most important market in the world. By consolidating and relocating, we aim to reach out to our customers and business partners, as well as provide better service, while creating a better working space for our staff that induces smooth and efficient communication in addition to improving productivity. Jones Lang LaSalle showed great tenacity for the past six years by constantly feeding us with property updates to help select the building.”
“This has been a wonderful opportunity and we are honored to have been a part of the project. Our strength has always been the strategic negotiation with the building owners, and this came into full play for this project,” comments Neil Hitchen, National Director of Markets, Corporate Solutions, at Jones Lang LaSalle Japan. “We were able to negotiate the term and conditions that would be most favorable for Microsoft.”
John Forrest, Chief Executive Officer of Jones Lang LaSalle’s Corporate Solutions business in Asia Pacific said, “Microsoft is one of the many global clients that we provide with integrated services in Asia Pacific. The success of this project is testament to our ability to focus our business around our client’s priorities, as well as our deep understanding of local markets in the region. This commitment to delivering results for our clients has kept us at the forefront of corporate real estate in the region for fifteen years.”
About Jones Lang LaSalle Corporate Solutions
Fifteen years ago, Jones Lang LaSalle pioneered the corporate real estate offering in Asia Pacific. Today, our platform provides unmatched services across a single project, country or regional portfolio. Our commitment to shaping our business around the needs of our clients and delivering on our promises keeps us at the forefront of our industry.
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