CRE Logistics REIT, Inc.

Securities Code: 3487

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Portfolio

M-14

LogiSquare Miyoshi

  • LogiSquare Miyoshi1
Location 2291-1 Aza Higashi
Nagakubo, Ooaza Kamitome, Miyoshi-machi,Saitama
Access Approximately 0.6 km from Miyoshi Smart IC (Kan-etsu Expressway)
Structure S, 4F, alloy plated steel sheet roof
Appraisal NOI yield 4.6%
Acquisition price 11,700 million yen
Appraisal value 12,500 million yen
Total floor area 37,931.49 m²
Total leasable area 37,931.49 m²
Tenants Undisclosed
Lease type Fixed-term building lease
Lease period Undisclosed
Completion date May, 2020

Property Features

■Located approximately 0.6 km from Miyoshi Smart Interchange on the Kan-etsu Expressway, and access to Route 254 (Kawagoe Kaido) and Route 463 (Urawa Tokorozawa Bypass) is also easy. Miyoshi Smart Interchange is expected to become a full-interchange after fiscal 2021.
■The southern part of Saitama, particularly the Tokorozawa and Miyoshi area, has excellent access to central Tokyo, and it is one of the areas where demands for logistics bases are the highest in Saitama. Surrounded by numerous warehouses and factories, the property can operate 24 hours a day
■A total of 44 heavy trucks can park and load at the same time because of the slope enabling heavy trucks to go directly to the third floor and truck berths are placed on the first and the third floors.

Related Press Releases

June 29, 2020
Notice Concerning Acquisition of Trust Beneficiary Rights to Real Estate in Japan and LeasingPDF(PDF:396KB)

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