Mitsubishi Estate Logistics REIT Investment Corporation

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LOGiSTA・Logicross Ibaraki Saito (A)

  • LOGiSTA・Logicross Ibaraki Saito (A)1
  • LOGiSTA・Logicross Ibaraki Saito (A)2
  • LOGiSTA・Logicross Ibaraki Saito (A)3

As of February 29, 2024

(45% co-ownership interest)

Location 1-3-2 Saitomoegi Ibaraki, Osaka
Completion date May 14, 2021
Total floor space (Note 1) 108,480.05 m²
Land area (Note 1) 51,030.30 m²
Leasable area (Note 2) 45,983.59 m²
Acquisition price 15,150 million yen
Appraisal value 15,700 million yen
Appraisal NOI yield 4.2%
Number of tenants (Note 3) 1
Major trunk road Approx. 2.5 km from “Ibaraki IC" on the Meishin Expressway
Approx. 6.5 km from “Ibaraki Sendaiji IC" on the Shin-Meishin Expressway
(Note 1) “Total floor space” and “Land area” are the figures corresponding to 100% interest for the property.
(Note 2) “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 3) “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

■Easy to access to two major consumption areas as this property is located approx. 26 km from central Osaka (Umeda Station), approx. 32 km from central Kyoto (Kyoto Station)

Facility Profile

■A 5-story multi-tenant logistics facility with two independent rampways for an inbound lane and outbound lane
■40 truck berths per floor from the first to fourth floor
■Parking spaces for employees accommodating 185 cars by utilizing slope space
■Comfortable office spaces with a view of greenery for each of the first to fourth floors

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