Goldman Sells Tokyo Office Area to JR East for Over $337 Million

East Japan Railway Co. has purchased from Goldman Sachs Group Inc. several floors in an office building connected directly to Tokyo Station, part of its push to strengthen businesses other than its core train operations.

The railway company bought the 14th to 18th floors of the GranTokyo South Tower office building at a price of more than ¥50 billion ($337 million) from Goldman, according to several people familiar with the matter. The US bank had purchased this property from Mitsubishi Estate Co. in March 2015, and the latest transaction between Goldman and JR East took place on June 30, registry records show. It’s a 42-story skyscraper completed in 2007 that’s next to the train station with a red brick-walled facade facing the Imperial Palace.