CRE Logistics REIT, Inc.

Securities Code: 3487

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M-6

LogiSquare Moriya

  • LogiSquare Moriya1
  • LogiSquare Moriya2
  • LogiSquare Moriya3
Location 2-8-2, etc., Matsunamiaoba, Moriya-shi, Ibaraki
Access Approximately 2 km from the Yawara IC (Joban Expressway)
Approximately 1.4 km from Moriya Station (Tsukuba Express)
Structure S, 2F, alloy plated steel sheet roof
Appraisal NOI yield 5.1%
Acquisition price 6,157 million yen
Appraisal value 6,630 million yen
Total floor area 32,904.90 m²
Total leasable area 32,974.44 m²
Tenants Lixus Corporation, CyberStep, Inc.
Lease type Fixed-term building lease
Lease period Five years and two months
Completion date April, 2017

Property Features

■The property is located in the Moriya-shi Matsunami land rezoning project area (Vista City Moriya), within walking distance of Moriya Station on the Tsukuba Express Line and Shin-Moriya Station on the Kanto Railway Joso Line. It has great advantages in terms of securing employee.
■Moriya is a city with a high population growth rate. According to the national census in 2015, Moriya-shi ranks third in Ibaraki for population growth rate (2010 to 2015).
■Truck vehicles use routes completely separated from residential areas, enabling access to National Route 294 without meeting much traffic from residential areas.

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