Mitsubishi Estate Logistics REIT Investment Corporation

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Portfolio Details

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MJ Logipark Kazo 1

  • MJ Logipark Kazo 11

As of February 28, 2021

Location 5-21 Hanasaki, Kazo, Saitama
Completion date March 13, 2006
Total floor space 7,602.06 m²
Land area 7,621.09 m²
Leasable area (Note 1) 7,678.10 m²
Acquisition price 1,272
Appraisal value 1,460
Appraisal NOI yield 5.7%
Number of tenants (Note 2) 1
Nearest train station Approx. 2.0 km from "Hanasaki Station" of the Tobu Isesaki Line
Major trunk road Approx. 1.7 km to the National Route 125
Approx. 3.8 km to the National Route 122
Approx. 2.8 km from "Kazo Interchange" of the Tohoku 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

■ Use of Tohoku Expressway and Ken-O Expressway allows collection and delivery throughout the entire Tokyo metropolitan area.
■ This site could function as a stopping point for the freight from Tohoku where many factories are located, too. The entire Saitama area could be covered from the site, by using National Route 122 and National Route 125.
■ Around the site, the area potential as a logistics location is enhancing by expanding in delivery area with the extension of Ken-O Expressway.

Facility Profile

■ Its basic specifications are quite versatile, so it could meet a wide range of tenant needs.

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