Mitsubishi Estate Logistics REIT Investment Corporation

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Portfolio Details

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MJ Logipark Kasugai 1

  • MJ Logipark Kasugai 11
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As of February 29, 2024

Location 4-9-8, Takamoridai,  Kasugai, Aichi
Completion date January 20, 2017
Total floor space 58,236.48 m²
Land area 38,972.99 m²
Leasable area (Note 1) 57,866.98 m²
Acquisition price 13,670 million yen
Appraisal value 15,200 million yen
Appraisal NOI yield 4.8%
Number of tenants (Note 2) 2
Nearest train station Approx. 5.5 km from “Kozoji Station” of JR Tokai Chuo Main Line and Aichi Loop Railway Aichi Loop Railway Line
Major trunk road Approx. 7 km from Tomei Expressway “Kasugai IC”
Approx. 7.8 km from Chuo Expressway “Komaki Higashi IC”
Approx. 3.5 km from National Route 19
(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

■Adjacent to Komaki City, a major transportation hub in Aichi Prefecture, with easy access to Tomei Expressway and Chuo Expressway as well as from National Route 19, which is the main roadway leading to the city center of Nagoya.
■Shortage of workers has created difficulties for employers nationwide, and the trend is particularly noticeable in Aichi Prefecture, but the area around the property is composed of residential areas. Therefore, it has an advantage in terms of securing employment.

Facility Profile

■Truck berths are installed on the 1st and 3rd floors, and the trucks can directly access the 3rd floor with a slope, providing high delivery efficiency.
■In addition to four freight elevators, vertical machinery can be added in the future.

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