CRE Logistics REIT, Inc.

Securities Code: 3487

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O-3

LogiSquare Kobe Nishi

  • LogiSquare Kobe Nishi1
  • LogiSquare Kobe Nishi2
Location 3-10-4 Mitsugaoka, Nishi-ku,Kobe-shi, Hyogo
Access Approximately 1.6 km from Kobe Nishi IC (Kobe-Awaji-Naruto Expressway,Sanyo Expressway)
Structure S, 2F, alloy plated steel sheet roof
Appraisal NOI yield 4.8%
Acquisition price 3,479 million yen
Appraisal value 3,600 million yen
Total floor area 16,006.20 m²
Total leasable area 16,023.00 m²
Tenants Undisclosed
Lease type Fixed-term building lease
Lease period Undisclosed
Completion date April, 2020

Property Features

■The property is located approximately 1.6 km from the Kobe Nishi Interchange on the Kobe-Awaji-Naruto Expressway/Sanyo Expressway. In addition, the property is located on Kobe Compound Industrial Park (Kobe Techno Logistic Park) and is, therefore, surrounded by numerous warehouses and factories and can be operated 24 hours a day.
■With access to Sannomiya and Central Osaka via the Hanshin Expressway from the Kobe-Awaji-Naruto Expressway and now with two possible routes to Kyoto from the Sanyo Expressway, either the Shin-Meishin Expressway (between Kobe Junction and Takatsuki Junction) opened in 2018 or the Chugoku Expressway/Meishin Expressway, the location has become even more convenient and is an excellent location for wide-area logistics base covering not only the major cities of Kansai - Kobe, Osaka and Kyoto - but also Okayama and Tokushima Prefectures.
■Situated in Nishi-ku, Kobe city with the largest population, the property is also well located for securing labor, with the nearest station Kizu Station on the Kobe Dentetsu Ao Line within walking distance, approximately 750m away.

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