Mitsui Fudosan Co., Ltd. has officially established its fourth U.S. branch in Dallas, Texas, marking a significant expansion in the company’s strategic efforts within the Sun Belt area. The company's new location aims to enhance its operational capacity and business promotion in an increasingly vital part of the U.S. market.
Located at 3001 Maple Ave, the Dallas branch will join existing offices in New York, San Francisco, and Los Angeles. This move aligns with the company’s long-term business strategy, which emphasizes the deepening and evolution of its overseas endeavors. As stated in Mitsui Fudosan's latest guidelines, the company sees the Sun Belt—a region characterized by a favorable climate, low living costs, and a thriving business environment—as a crucial market for future growth.
According to Mitsui Fudosan, the area has been experiencing continuous population growth, thanks to an influx of employment opportunities that attract both new residents and businesses. The company plans to leverage this demographic trend by expanding its real estate portfolio. Currently, Mitsui Fudosan is involved in the development of approximately 5,000 rental housing units across six cities within the Sun Belt.
As of March 1st, 2025, the total number of rental units that Mitsui Fudosan has supplied in the U.S. surpassed 6,800 units, which includes both completed and sold properties. This achievement underscores the company’s commitment to enhancing its presence in the competitive U.S. real estate market.
The mixed-use development, ‘Maple Terrace’, serves as the flagship project for the Dallas branch and has been completed recently. This project encompasses rental housing, office spaces, and commercial stores, positioning the branch for integrated community engagement.
Maple Terrace boasts a strategic location within walking distance of McKinney Avenue—a vibrant street known for its dining and entertainment options—and the American Airlines Center, which regularly hosts major sporting and music events. Furthermore, it is just a 20-minute drive from the Dallas/Fort Worth International Airport, ensuring accessibility for both residents and businesses.
The construction for Maple Terrace started in 2021 and was completed in 2025, featuring four buildings. The rental housing segment of Maple Terrace alone is a 21-story structure, while the office component includes a nine-story building. The commercial aspect consists of a two-story building, altogether totaling 345 rental units. The property’s design reflects modern architectural standards, using steel frame reinforced concrete. This aligns with the growing demand for upscale rental facilities in the area.
Currently, the restaurant area within Maple Terrace is fully leased, demonstrating the immediate demand for commercial spaces within mixed-use developments. Hines, a notable real estate firm based in Houston, served as the joint venture partner for this impactful project.
Furthermore, Mitsui Fudosan is not solely focused on the Dallas market. The company is also advancing several other projects in the U.S., such as ‘The Oliver’ and ‘Loria Ansley’. The Oliver, located in Dallas, is scheduled for completion later in 2025, focusing on the growing demand for premium rental housing. Meanwhile, Loria Ansley, situated in Atlanta, Georgia, was completed in 2024, adding to the company’s footprint in another key urban area.
The Loria Ansley project, near Midtown Atlanta, reflects Mitsui Fudosan’s strategy of positioning developments in urban centers that exhibit strong rental housing demand. Its amenities include outdoor pools, fitness centers, co-working spaces, and other facilities that appeal to modern lifestyles.
As Mitsui Fudosan continues to solidify its operations in North America, it emphasizes the importance of sustainability and community-focused development. The company aims to create social value in conjunction with economic value, ensuring its projects enhance local communities.
Mitsui Fudosan's recently implemented long-term management policy titled “& INNOVATION 2030” is designed to accommodate both the growth and transformation of its overseas activities strategically. The policy recognizes the necessity of expanding project and area selection while accelerating new acquisitions centered on “rotational assets.”
The firm’s expansion and development strategy not only reflects its ambitions in the U.S. market but also aligns with a broader global vision—creating significant value through innovative real estate projects. Performing well in Dallas, a key commercial hub, demonstrates the potential for Mitsui Fudosan to further entrench itself in the U.S. market landscape.
In conclusion, as the company continues to grow within the Sun Belt region and beyond, the successful establishment of the Dallas branch is a promising step forward, positioning Mitsui Fudosan to capitalize on North America’s dynamic real estate market.
