This thesis clarifies the spatial structure of the Shinsei-shotengai and the transition of its operators based on the historical documents left behind by Yoshimura Shokai, the company that built and leased the market. Looking at the construction process of the Shinsei-shotengai and its relationship with land ownership, it became clear that Yoshimura Shokai, the builder of the Shinsei-shotengai, was in charge of adjusting the relationship of rights. The characteristic wooden building with strip windows was read from a structural perspective. We found that 60% of the tenants in the Shinsei-shotengai had been replaced in less than three years.