Mitsui Fudosan America

What Mitsui Fudosan America does

Mitsui Fudosan America, Inc. (MFA) is the wholly-owned US operating subsidiary of Mitsui Fudosan Co., Ltd. (Tokyo Stock Exchange: 8801), one of Japan's largest publicly traded real estate developers, with corporate roots extending back to 1673. Established in the United States in 1973 and headquartered at 1251 Avenue of the Americas in New York, MFA operates regional offices in San Francisco, Los Angeles, and Dallas to oversee a portfolio of large-scale Class A office, luxury residential, mixed-use, life-science, industrial, and hospitality developments across US gateway and secondary markets, with affiliated operations in the United Kingdom (Mitsui Fudosan (U.K.) Ltd.) and Hawaii (Halekulani Corporation).

MFA's product surface spans trophy office towers (50 Hudson Yards at 3 million sq ft pre-leased to BlackRock as its global headquarters; 55 Hudson Yards at 1.4 million sq ft; 1251 Avenue of the Americas at 2.3 million sq ft), Class A multifamily under the Modera and Alta sub-brands, luxury condominiums (200 Amsterdam, Robinson Landing), purpose-built student housing (Astria Tempe), life-science facilities (Innovation Square Boston Phases II and III, Torrey Heights San Diego), industrial/logistics (Great Park Irvine, 2225 Jerrold), and mixed-use communities including Mission Rock San Francisco and Television Centre London. The company does not develop proprietary technology; its differentiation rests on capital access from the parent group, 300+ years of brand heritage, sustainability-driven certifications (LEED Platinum/Gold/Silver, WiredScore Platinum, Energy Star), and relationships with marquee architecture firms (Foster + Partners, KPF, Pelli Clarke Pelli, SOM) and institutional co-developers.

MFA's revenue mechanics combine four streams: recurring rental income from owned and co-developed office, residential, and hospitality assets (subscription/recurring); development fees and promote equity from JV partnerships with regional developers such as Related Companies, Tishman Speyer, Hanover, Hines, and Urban Visions (professional services); one-time property sales of for-sale condominiums and previously developed commercial assets (one-time license); and asset management/advisory services for owned and third-party holdings (managed services). Go-to-market is hybrid: direct enterprise leasing targeting Fortune-class anchor tenants for Class A office; direct-to-consumer sales centers plus residential broker partnerships for condominiums; and joint-venture co-development partnerships as the primary mode of market entry in new geographies.

Name

Mitsui Fudosan America

Legal name

Mitsui Fudosan America, Inc.

Website

https://mfamerica.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Mitsui Fudosan America, the US subsidiary of Japan's Mitsui Fudosan Co., Ltd. (TSE: 8801), develops and co-invests in Class A office towers, luxury residential, life-science, mixed-use, industrial, and hospitality real estate across major US gateway and Sunbelt markets, partnering with regional developers and institutional capital to deliver trophy assets.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Accommodation (721), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Real Estate (6500), Hotels & Motels (7011)

akta.pro primary industry

Resort Convention Hotels (THAGALAC)

Keywords

• Commercial real estate development
• Luxury residential development
• Mixed-use real estate
• Class A office buildings
• Real estate investment

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Real Estate Development Fees: MFA generates revenue through development fees from co-developing properties with partners. The company serves as equity investor and developer in joint ventures, earning promote fees and carried interest.
2. Property Rental Income: Revenue from leasing Class A office space, luxury residential units, and hospitality properties. Examples include 1251 Avenue of the Americas, 55 Hudson Yards, 50 Hudson Yards, and owned residential buildings.
3. Property Sales: Revenue from selling developed properties including condominiums (200 Amsterdam, Robinson Landing) and previously developed commercial assets.
4. Asset Management: Management and advisory services for owned and third-party real estate assets, including buildings developed with partners like Related Companies (Hudson Yards) and Tishman Speyer.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Mitsui Fudosan America is a real estate development company that develops, owns, leases, and sells Class A office properties, luxury residential apartments and condominiums, mixed-use developments, hospitality properties, and industrial/logistics facilities across major US markets. The company serves as equity investor and developer in joint ventures with regional partners, also operating luxury hotels in Hawaii through its Halekulani Corporation subsidiary.

Product overview

Mitsui Fudosan America is a real estate development company that operates as part of the global Mitsui Fudosan Group with over 300 years of history. The company offers a diverse portfolio of real estate products including residential developments (luxury apartments, condominiums, townhomes), commercial office buildings (Class A office properties), mixed-use developments, industrial properties, and hospitality (luxury hotels and resorts). Key product lines include the Modera multifamily brand, commercial office towers in major US cities, and large-scale mixed-use projects in Tokyo and London. The company's projects span multiple categories: Commercial (office buildings like 50 Hudson Yards, 1251 Avenue of the Americas), Development Projects (entitlements and land development), Hospitality (Halekulani, Halepuna Waikiki), Industrial (warehouses, distribution facilities), Mixed-Use (combined residential/commercial), Residential (apartments, condominiums), as well as Japan and UK-specific projects. The company operates offices in New York, San Francisco, Los Angeles, and Dallas.

Differentiator

Problem solved

Functional benefit

Brands

• Modera: Luxury apartment brand developed with Mill Creek Residential
• Alta

Products and services

• Robinson Landing A mixed-use development of 26 townhomes and 70 residential condominiums with three dining options located along the Potomac River in Old Town Alexandria, VA, targeting residential buyers seeking waterfront urban living.
• 1901 North Moore Street A 27-story luxury mixed-use apartment building with 422 units and ground floor retail at the corner of 19th Street North and North Moore Street in Arlington, VA, developed with Jefferson Apartment Group.
• 50 Hudson Yards A 58-story, 3 million square foot LEED Gold Class A office tower in Manhattan's Hudson Yards neighborhood, designed by Foster + Partners, serving as the global headquarters of BlackRock.
• 55 Hudson Yards A 51-story, 1.4 million square foot LEED Gold Class A office building in Manhattan's Hudson Yards neighborhood, co-developed with Related Companies and Oxford Properties.
• 1251 Avenue of the Americas A 54-story, LEED Silver certified, 2.3 million square foot Class A office property at Sixth Avenue and 50th Street in Midtown Manhattan, owned since 1986.
• Mission Rock A mixed-use development in San Francisco's Mission Bay neighborhood with 634,000 square feet of office, 540 residential units, and 104,000 square feet of retail, co-developed with Tishman Speyer.
• Halekulani A luxury hotel with 453 rooms on five oceanfront acres on Waikiki Beach, operated through wholly-owned subsidiary Halekulani Corporation, featuring the iconic Orchid pool and AAA Five Diamond La Mer restaurant.
• Halepuna Waikiki by Halekulani A 288-room luxury hotel (including four suites) opened in Fall 2019, located steps from Waikiki Beach and operated by Halekulani Corporation.
• Innovation Square Phase III A seven-story, 352,750 square-foot life science facility in Boston's Seaport District, designed to achieve LEED Platinum and LEED Zero Carbon certification, fully pre-leased to Vertex Pharmaceuticals.
• Waterfront Corporate Center III A 13-story, 512,000 square foot LEED Gold Class A office building in Hoboken, NJ, developed with SJP Properties and delivered in 2015.
• Modera SoBro A 404-unit residential asset totaling about 374,000 RSF with 2,500 SF of ground floor retail in Nashville's SoBro submarket, co-developed with Mill Creek Residential.
• Riverwalk Fort Lauderdale A 36-story luxury high-rise residential development with 380 units and 2,800 square feet of premier retail in Fort Lauderdale, co-developed with The Hanover Company.
• West Edge Tower A 39-story LEED Silver luxury apartment building with 340 apartments and 7,000 square feet of ground floor retail in Seattle, developed with Urban Visions.
• Television Centre Redevelopment Project A 1.1 million square foot mixed-use redevelopment on a 14-acre site in White City, London featuring offices, apartments, hotel, cinema, and the preserved BBC studios, developed with Stanhope.

Quantifiable outcome

• Vertex Pharmaceuticals signed 15-year lease for entire Innovation Square Phase III (352,750 sq ft) in Boston Seaport District
• +2 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

38 partnerships are on record, tiered core and major.

• Tishman SpeyercoreStrategic or Co-development PartnerMajor co-development partner for multiple projects including Mission Rock San Francisco (634,000 sq ft office + 540 residential + 104,000 sq ft retail), Great Park Irvine (31.9-acre, 599,949 RSF industrial), 8 Centennial Peabody MA (695,000 sq ft industrial), Brannan Square San Francisco (1.03M sq ft commercial), and 2225 Jerrold San Francisco (125,968 SF industrial warehouse).
• Hanover CompanycoreStrategic or Co-development PartnerCo-development partner for Parkview Turtle Creek Dallas (323 units, 337K RSF), Tanglewood Houston (241 units, 391K RSF), Riverwalk Fort Lauderdale (380 units, 413K RSF), and Buffalo Bayou Houston (317 units, 409K RSF).
• Trinitas VenturescoreStrategic or Co-development PartnerPartnership with leading student housing developer for Astria Tempe - MFA's first student housing project. 27-story, 701-bed, 380-unit luxury development located 300 feet from Arizona State University.
• Mill Creek ResidentialcoreStrategic or Co-development PartnerCo-development partner for Modera Kierland Scottsdale AZ (360 units, 337,686 RSF), Modera 2nd Avenue Denver (110 units, 139,045 RSF), and Modera SoBro Nashville (404 units, 374,000 RSF Phase I with option for 308-unit Phase II).
• OptimamajorStrategic or Co-development PartnerPartner for Optima MMV (McDowell Mountain Village) Scottsdale AZ - environmentally friendly residential development with 12 acres of open space, 288,203 RSF, targeting LEED certification.
• CAST DevelopmentmajorStrategic or Co-development PartnerCo-development partner for Broderick San Diego - 260-unit, 17-story residential tower in Bankers Hill neighborhood near Balboa Park.
• Cypress Real Estate Advisors (CREA)coreStrategic or Co-development PartnerCo-development partner for Ten50 Denver (284 units, 242,000 RSF) and The Northern Denver (336 units, 4,000 SF retail) in the RiNo neighborhood.
• LG DevelopmentmajorStrategic or Co-development PartnerChicago-based developer partner for 1711 Broadway Nashville - 20-story, 396-unit Class A luxury apartment building with 4,000 SF retail (100% leased to US Bank).
• Lowe EnterprisesmajorStrategic or Co-development PartnerCo-development partner for Gallery 64 Washington DC - 492-unit (394 market-rate, 98 affordable), 369,000 sq ft LEED Platinum multifamily building near Capitol with Rubell Family Collection contemporary art museum.
• The Hanover CompanycoreStrategic or Co-development PartnerLuxury high-rise residential developer partner for Riverwalk Fort Lauderdale (36-story, 380 units) and Buffalo Bayou Houston (40-story, 317 units).
• EastbancmajorStrategic or Co-development PartnerPartner for The Silva Washington DC - 172-unit luxury apartment building in Adams Morgan neighborhood, designed by Grimshaw Architects, LEED Silver certified.
• AkridgemajorStrategic or Co-development PartnerPartner for 1200 Seventeenth Street NW Washington DC - 170,000 sq ft Class A office, LEED Platinum, and The Homer Building (460,000 sq ft Class A office with LEED Gold).
• Wood PartnerscoreStrategic or Co-development PartnerCo-development partner for Alta Revolution Somerville MA (329 units in Assembly Row) and Alta Ink Hollywood CA (161 units, 5 live/work units, 14 affordable units).
• Urban VisionscoreStrategic or Co-development PartnerSeattle-based developer partner for West Edge Tower (340 units, 39-story, completed 2018 LEED Silver) and The Net (800,000 sq ft office, 36-story skyscraper completed 2025).
• BUILD Inc.majorStrategic or Co-development PartnerPartner for Vance San Francisco - 137-unit, 12-story residential building at 830 Eddy Street in Van Ness Corridor, GreenPoint-rated building.
• Blake Griggs PropertiesmajorStrategic or Co-development PartnerPartner for The Waymark Walnut Creek CA - 596-unit mixed-use property adjacent to BART station with 21,000 sq ft retail.
• Align Real EstatemajorStrategic or Co-development PartnerPartner for The Landing San Francisco - 256 residential units + 40,000 sq ft PDR space in Potrero Hill, LEED Silver certified.
• SKS InvestmentsmajorStrategic or Co-development PartnerPartner for 270 Brannan San Francisco - 183,000 sq ft Class A office, LEED Platinum certified building in SOMA district.
• SJP PropertiesmajorStrategic or Co-development PartnerDevelopment partner for 200 Amsterdam (112-unit condo, Upper West Side) and Waterfront Corporate Center III Hoboken (512,000 sq ft Class A office, LEED Gold).
• J.D. Carlisle DevelopmentmajorStrategic or Co-development PartnerPartner for 160 Madison Avenue New York - 319-unit residential tower in NoMad neighborhood (20% affordable), 45 stories.
• Taconic Investment PartnersmajorStrategic or Co-development PartnerPartner for 525 West 52nd Street New York - 392 rental residences (20% affordable) in two towers, delivered Q2 2017.
• Related CompaniescoreStrategic or Co-development PartnerCo-development partner for The Cortland West Chelsea NYC (144 units, opened 2022) and 55 Hudson Yards (1.4M sq ft office, 51 stories) alongside Oxford Properties.
• Oxford PropertiesmajorStrategic or Co-development PartnerCo-development partner for 55 Hudson Yards (1.4M sq ft, 51-story Class A office) with Related Companies.
• Related BealcoreStrategic or Co-development PartnerCo-development partner for Innovation Square Phase II Boston (265,000 sq ft life sciences, LEED Gold) and Phase III Boston (352,750 sq ft, fully pre-leased to Vertex Pharmaceuticals for 15 years).
• HinescoreStrategic or Co-development PartnerPartner for Maple Terrace Dallas - luxury mixed-use with 21-story residential tower (345 units), adaptive reuse of 9-story historical building into boutique offices, 12,000 sq ft restaurant space.
• StreetLights ResidentialmajorStrategic or Co-development PartnerAward-winning developer partner for The Oliver Dallas - 351-unit, 18-story high-rise near Uptown with 3.5-acre park, 10,000+ SF retail, 200,000 SF office.
• Jefferson Apartment GroupcoreStrategic or Co-development PartnerCo-development partner for J Sol Arlington VA (326 units, 22-story, near Ballston Metro) and 1901 North Moore Street Arlington VA (422 units, 27-story luxury mixed-use).
• EYAmajorStrategic or Co-development PartnerPartner for Robinson Landing Alexandria VA - 26 townhomes + 70 residential condos + 3 dining options along Potomac River.
• JBG SmithmajorStrategic or Co-development PartnerPartner for Robinson Landing Alexandria VA development along with EYA.
• Atlantic ResidentialmajorStrategic or Co-development PartnerPartner for Loria Ansley Atlanta - 350-unit, 28-story luxury high-rise in Midtown Atlanta's Arts District.
• FIDES DevelopmentmajorStrategic or Co-development PartnerPartner for Loria Ansley Atlanta luxury residential development in Midtown Arts District.
• Capital City Real EstatemajorStrategic or Co-development PartnerPartner for Loria Ansley Atlanta 28-story, 350-unit luxury high-rise development.
• CA VenturesmajorStrategic or Co-development PartnerPartner for 340 E Paces Ferry Atlanta - 483-unit, 22-story luxury multifamily high-rise in Buckhead neighborhood, 406,612 RSF with 16,670 SF retail.
• ZOM LivingmajorStrategic or Co-development PartnerPartner for Maizon Bethesda MD - 229-unit, 6-story Class A apartment building downtown Bethesda, designed by SK&J Architects.
• SJP PropertiesmajorStrategic or Co-development PartnerDeveloper for Waterfront Corporate Center III Hoboken - 512,000 sq ft, 13-story Class A office, LEED Gold certified, delivered 2015.
• StanhopecoreStrategic or Co-development PartnerStrategic partner for UK developments including Television Centre London (1.1M sq ft, 14-acre site with BBC studios, 950 apartments), One Angel Court London (300,000+ sq ft office), and 5 Hanover Square London.
• Halekulani CorporationcoreStrategic or Co-development PartnerSubsidiary managing Halekulani (453-room luxury hotel on 5 oceanfront acres in Waikiki) and Halepuna Waikiki (288 rooms, opened 2019). Iconic Orchid pool with 1.25M glass tiles. La Mer restaurant AAA Five Diamond rated.
• Mandarin Oriental Hotel GroupmajorStrategic or Co-development PartnerOperator of Mandarin Oriental Tokyo - world's first '6 star' hotel located in Nihonbashi Mitsui Tower.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• SL Green Realty: Manhattan's largest office landlord with a portfolio concentrated in Midtown. Competes directly with MFA for premier office tenants in the same submarkets as 1251 Avenue of the Americas and Hudson Yards.
• Brookfield Property Partners: One of the world's largest real estate operators with US office, retail, multifamily, and industrial portfolios. Comparable as a globally-capitalized institutional owner/developer of Class A office and mixed-use assets in NYC and other gateway cities.
• Boston Properties: Largest publicly-traded developer and owner of Class A office properties in the US, with major presence in NYC, Boston, San Francisco, and DC. Comparable as a trophy office landlord competing for similar anchor tenants in markets like Boston Seaport where MFA's Innovation Square is located.
• Vornado Realty Trust: NYC-focused REIT owning premier Manhattan office properties (including 1290 Avenue of the Americas adjacent to MFA's 1251). Directly comparable as a major holder of trophy Midtown office assets and a competitor for similar premier tenants.
• Lendlease: Global real estate and infrastructure developer with major US mixed-use projects. Comparable as an international developer pursuing large-scale urban mixed-use and life sciences developments in similar gateway US markets.

Direct peers

• Tishman Speyer: Global real estate developer and investor focused on office, residential, and mixed-use properties. Direct peer as a co-development partner on multiple MFA projects (Mission Rock, Great Park Irvine, Brannan Square) and competes for similar trophy asset opportunities in gateway US cities.
• Hines: Global real estate investment, development, and management firm. Direct peer as MFA's co-development partner (Maple Terrace Dallas) and competitor across mixed-use, office, and residential in major US markets.
• Oxford Properties: Canadian global real estate investor and developer with US office and mixed-use focus. Direct peer as MFA's co-development partner on 55 Hudson Yards and a similarly capital-backed institutional developer targeting trophy North American office and mixed-use assets.
• Related Companies: Major US real estate developer specializing in mixed-use, affordable and luxury residential, and office. Direct peer as MFA's co-development partner on Hudson Yards (55 Hudson Yards) and Innovation Square, while also being a major competitor for trophy NYC developments.

Regional players

• Empire State Realty Trust: NYC-focused office and observatory REIT (Empire State Building). Comparable as a Manhattan office landlord competing in the same Midtown submarket as MFA's 1251 Avenue of the Americas, though more concentrated geographically.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mitsui-fudosan-america

Compliance21 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mitsui Fudosan America