CRE Logistics REIT, Inc.

Securities Code: 3487

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LogiSquare Hanyu

  • LogiSquare Hanyu1
  • LogiSquare Hanyu2
  • LogiSquare Hanyu3
Location 476, etc., Kamisato, Hideyasu, Hanyu-shi, Saitama
Access Approximately 4.5 km from Hanyu IC (Tohoku Expressway)
Structure S, 2F, alloy plated steel sheet roof
Appraisal NOI yield 4.9%
Acquisition price 6,830 million yen
Appraisal value 7,060 million yen
Total floor area 33,999.61 m²
Total leasable area 34,009.62 m²
Tenants Major logistics company
Lease type Fixed-term building lease
Lease period 10 years and three months
Completion date July, 2016

Property Features

■The potential of the location as a strategic domestic logistics center for the next generation is expected to increase in the future following the opening of the whole of the Kita-kanto Expressway and the planned further extension of the Ken-o Expressway that is expected to create a wide area network focused on the Tohoku Expressway.
■This project site was selected and acquired through the client relations program, based on the needs of the tenant.
■The two-story facility has dual-sided berths on the low, first floor, and is designed to have the traffic flow in one direction. There is also a waiting area for over 50 large-sized vehicles on the property.

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