- Prime Location in Suseok and Jeungsan New Town… Secures Backdrop Demand from 40,000 Residents and 12,000 Households
- Creating a differentiated retail facility with a 'lifestyle anchor' concept specializing in F&B and entertainment
- Maximizing asset value through customized merchandising planning based on detailed market analysis
Cushman & Wakefield Korea has secured the exclusive leasing advisory contract for the commercial facilities of the 'Suseok DMC Mixed-Use Development' - Samhyo Group’s first real estate development project - and announced the official launch of the project.
This project is a large-scale mixed-use complex being developed on a prime site adjacent to DMC Station and Suseok Station in Jeungsan-dong, Eunpyeong-gu, Seoul, with commercial facilities comprising 5,178 square meters of leasable area. Located at a key transportation hub with access to two subway stations, the site benefits from a stable and abundant foot traffic base, drawing on the demand from over 40,000 office workers in Sangam DMC and 12,000 households in the Suseok and Jeungsan New Towns.
Cushman & Wakefield plans to position this asset not merely as a consumer space but as a “lifestyle anchor,” driving commercial revitalization by increasing dwell time through a specialized mix of F&B and entertainment offerings. Additionally, the firm envisions establishing a premium F&B lounge that incorporates eco-friendly green lifestyle trends, positioning the property as a local commercial landmark that appeals to both nearby office workers and residents.
Cushman & Wakefield Korea’s Retail Leasing Advisory Team plans to develop a customized merchandising strategy based on detailed market analysis and target customer research, and to drive steady asset value appreciation by attracting high-quality anchor tenants.
Dan Kim, Deputy Managing Director of Cushman & Wakefield Korea, stated:
“It is deeply meaningful to be part of Sampyo Group’s first development project since declaring its leap from a construction materials company to a comprehensive developer,” adding, “We will leverage our integrated advisory capabilities to complete a competitive commercial facility that sets a new standard for the Suseok commercial district.”
