Mitsubishi Estate Logistics REIT Investment Corporation

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LOGiSTA・Logicross Ibaraki Saito (B)

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

As of February 29, 2024

(45% co-ownership interest)

Location 1-4-4 Saitomoegi Ibaraki, Osaka
Completion date April 15, 2021
Total floor space (Note 1) 31,139.89 m²
Land area (Note 1) 15,892.28 m²
Leasable area (Note 2) 14,012.95 m²
Acquisition price 3,900 million yen
Appraisal value 4,020 million yen
Appraisal NOI yield 4.3%
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 kmfrom central Kyoto (Kyoto Station)

Facility Profile

■A box-type multi-tenant logistics facility, the floor of which can be divided into up to four parts
■Double-sided berth on the first floor enables advanced operational management
■11m x 11m column span allows for a highly flexible layout

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