Mitsubishi Estate Logistics REIT Investment Corporation

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Portfolio Details

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MJ Logipark Inzai 1

  • MJ Logipark Inzai 11
  • MJ Logipark Inzai 12
  • MJ Logipark Inzai 13

As of February 29, 2024

Location 2-2-2, Matsuzakidai, Inzai, Chiba
Completion date July 1, 2021
Total floor space 20,993.81 m²
Land area 12,405.04 m²
Leasable area (Note 1) 20,980.63 m²
Acquisition price 4,353 million yen
Appraisal value 5,150 million yen
Appraisal NOI yield 5.0%
Number of tenants (Note 2) 1
Major trunk road Approx. 15 km from “Chiba-Kita IC" on the Higashi-Kanto Expressway
Approx. 3.0 km from "Kashiwa IC" of the Joban Expressway
Approx. 3 km from Route 464
Approx. 6 km from Route 16
(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

■Inzai area is located in inland Chiba, where logistics properties for consumer goods (foods, general merchandise and e-commerce, etc.) are concentrated
■Location is suitable for regional and wide-area delivery operation, supported by the artery road National Route 16 and a network of expressways accessible via Chiba Kita IC
■Located in an industrial area where impact from surrounding environment is limited

Facility Profile

■A 3-story above ground multi-tenant logistics facility
■2 cargo elevators and 4 vertical conveyors allow for sufficient vertical transport capacity
■Employee parking accommodating 53 cars which enables employees to commute by car

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