Mitsubishi Estate Logistics REIT Investment Corporation

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Portfolio Details

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MJ Logipark Higashi Osaka 1

  • MJ Logipark Higashi Osaka 11

As of February 29, 2024

Location 4-13-4, Kanō, Higashiosaka, Osaka
Completion date April 20, 1991
Total floor space 10,185.04 m²
Land area 4,727.69 m²
Leasable area (Note 1) 10,185.04 m²
Acquisition price 1,687 million yen
Appraisal value 2,050 million yen
Appraisal NOI yield 5.3%
Number of tenants (Note 2) 1
Major trunk road Approx. 3 km from “Mizuhai IC" on the Hanshin Expressway No. 13 Higashi-Osaka Route
Approx. 4.5 km from "Higashi-Osaka JCT" on the Kinki Expressway and Hanshin Expressway
Approx. 750 m from Route 170
(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

■Located in Higashi Osaka where Kinki Expressway, Hanshin Expressway, and Daini Hanna Toll Road crosses
and provides convenience
■Less than 30 minutes access to central Osaka area, as well as access to Kobe and Kyoto
■Competitive location as supply of high-quality logistics facility is limited yet demand is existent in the area

Facility Profile

■A 5-story above ground BTS logistics facility (with 3-story storage)
■Truck berths located on the south and east sides of the property enabling efficient entry and exit
■2 cargo elevators and 2 vertical conveyors allow for sufficient transport and storage capacity
■Located in an industrial park, logistics storage can be operated 24 hours

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