CRE Logistics REIT, Inc.

Securities Code: 3487

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M-7

LogiSquare Kawagoe

  • LogiSquare Kawagoe1
  • LogiSquare Kawagoe2
  • LogiSquare Kawagoe3
Location 2-8-45,Yoshiodai, Kawagoe-shi, Saitama
Access Approximately 6.9 km from Kawajima IC (Ken-o Expressway)
Approximately 10 km from Kawagoe IC (Kan-etsu Expressway)
Structure S, 2F, alloy plated steel sheet roof
Appraisal NOI yield 5.0%
Acquisition price 1,490 million yen
Appraisal value 1,600 million yen
Total floor area 7,542.56 m²
Total leasable area 7,542.56 m²
Tenants Tokyo Logistics Factory CO.LTD
Lease type Fixed-term building lease
Lease period 10 years
Completion date February, 2018

Property Features

■The property has a good location, approximately 6.9 km from Kawajima interchange on Ken-O Expressway and approximately 10 km from Kawagoe interchange on Kan-etsu Expressway. It is also in close vicinity to National Route 254 and National Route 16, which are major highways, and offers excellent access to Route 17 Shin-Omiya Ageo Road. Convenience will be improved still further through the opening of the Kawagoe Northern Circular Route.
■Located in the exclusive industrial zone in Kawagoe Industrial Park, the property is surrounded by many warehouses and factories, enabling tenants to operate 24 hours.
■The property is equipped with earthquake early warning system and AED, which are fitted as standard in LogiSquare facilities. In addition, the fire alarmsystem has an isolator to prevent fire shutters from short-circuiting and malfunctioning in the event of a fire and to prevent the fire from spreading.

Related Press Releases

June 27, 2019
Notice Concerning Acquisition of Domestic Trust Beneficial Interests in Real Estate and Leasing ThereofPDF(PDF:220KB)

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