Fukuoka’s office market splits into three distinct hubs

Fukuoka's office market comprises three distinct hubs—Hakata Station, Gion/Gofukumachi/Nakasu, and Tenjin/Akasaka/Yakuin—each with different rental levels, vacancy rates, tenant profiles, and supply characteristics as of Q1 2026. As of Q1 2026, the three areas recorded average rents of JPY 23,276 with a 4.4% vacancy rate, with the Tenjin area commanding the highest rents at JPY 25,355 and the Hakata Station area showing the strongest year-on-year rent growth at 14 percent, while strong demand has absorbed approximately 284,000 square meters of new Grade A office space delivered since 2019 across the market.