CRE Logistics REIT, Inc.

Securities Code: 3487

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LogiSquare Tosu

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Location 975-1, Ochiai, Sonezaki-cho, Tosu-shi, Saga
Access Approximately 1.2 km from Tosu Station (JR Kagoshima Line)
Approximately 2.5 km from the Tosu IC ( Kyushu Expressway)
Structure S, 2F, alloy plated steel sheet roof
Appraisal NOI yield 5.2%
Acquisition price 2,880 million yen
Appraisal value 3,150 million yen
Total floor area 16,739.40 m²
Total leasable area 16,949.40 m²
Tenants NIPPON EXPRESS CO., LTD.
Lease type Fixed-term building lease
Lease period Seven years and one day
Completion date February, 2018

Property Features

■The property is located within walking distance from Tosu Station on the JR Kagoshima Line and is in close vicinity (approximately 1.5 km) to Tosu Freight Terminal Station (JR Freight), which provides a locational advantage in efforts to achieve modal shift of freight from road to rail.
■Having two offices on the east and west side, the facility is designed to be partitioned for use by multiple tenants.
■The facility is a highly versatile two-story building to help enable higher speed operation in handling incoming and outgoing deliveries.
■With the assumption that employees and other workers drive to work, the facility provides many parking spaces for passenger cars from the perspective of securing employee.

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