Mitsubishi Estate Logistics REIT Investment Corporation



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Logicross Fukuoka Hisayama

  • Logicross Fukuoka Hisayama1
  • Logicross Fukuoka Hisayama2
  • Logicross Fukuoka Hisayama3

As of February 28, 2021

Location 2781-1 Hara, Kubara,  Hisayama, Kasuya, Fukuoka
Completion date October 2, 2014
Total floor space 36,082.08 m²
Land area 18,136.89 m²
Leasable area (Note 1) 34,878.55 m²
Acquisition price 5,770
Appraisal value 6,870
Appraisal NOI yield 5.6%
Number of tenants (Note 2) 2
Nearest train station Approx. 2.2 km from "Kadomatsu Station" of the JR Sasaguri Line
Major trunk road Approx. 1.6 km to the National Route 201
Approx. 2.7 km from "Fukuoka Interchange" of the Kyushu Expressway
(Note 1) “Leasable area” is the sum total of the area regarded as being available for leasing based on each lease agreement, building drawing, etc. for buildings (excluding the leased area stated in the lease agreement for shops, vending machines, photovoltaic power generation facilities and parking spaces).
(Note 2) “Number of tenants” is based on the lease agreements with tenants for warehouses, offices and lands for each property or property in trust.

Location Profile

■ Around the site, many logistics facilities are concentrated for the freight handling within the wide metropolitan area centering on Fukuoka City, the largest consumption market in Kyushu.
■ This facility could function as a delivery hub to cover the entire Kyushu area centering on northern Kyushu, by using the Kyushu Expressway.
■ Located within 10 km to the port area. Also, the vicinity of "Fukuoka Interchange" is an important crossing of many routes, where demand for logistics facilities is concentrated.

Facility Profile

■ Truck berths exist both on the first floor and the third floor. Trucks could directly climb up the slope road to the third floor, which enables efficient freight handling.