Li-4i Missions Park Moriya
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Location | Tsukubamirai-shi, Ibakaki | Total floor area | 18,680 m² |
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Acquisition price(*1) | ¥4,330 million | Leasable area | 18,111 m² |
Appraisal value | ¥4,330 million | Structure | SRC / 3F |
Construction Co. | Fujita Corporation | Completion | March 2017 |
*1: | The acquisition price shows the appraisal value as of October 31, 2024, which is the acceptance price for the investment corporation in the merger with Advance Logistics Investment Corporation. |
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*2: | The solar power generation facility is not owned by MFLP-REIT. |
Characteristics of the Property
■In terms of basic specifications, all floors have an effective ceiling height of 5.5 m and floor load of 1.5 t/m2, with column spacing of 11.0 m × 10.0 m, ensuring general functionality for adaptability to tenants from a wide range of industries.
■The on site conveyor facilities comprise two (2) cargo elevators and three (3) vertical conveyors.
■Cargo handling efficiency is secured by the provision of truck berths for 18 vehicles along one side of the first floor.
■Parking provision consists of spaces for 50 passenger cars and a truck standby area for three (3) vehicles.
Access
■The property is located in Tsukubamirai City, Ibaraki Prefecture, approximately 40 km from central Tokyo. The area has seen urbanization through large scale residential developments for commuters to central Tokyo. It also has a scattering of industrial facilities, mainly along the axis of National Route 294 and the parallel route of the Joso Fureai Doro.
■The property is close to the Joban Expressway (approximately 1.3 km from Yawara Interchange), making it suitable as a wide area base covering central Tokyo and the wider Greater Tokyo area through the expressway network.
■It is also located within approximately 0.9 km of the general trunk road National Route 294, making it highly convenient for local delivery, while access to National Route 16 and other major roads allows it to serve a wide area centered on Saitama Prefecture. The surrounding area provides a favorable environment, with residential areas adjacent but also a scattering of industrial facilities in the vicinity.
■In terms of securing labor, the facility is within walking distance of Shin Moriya Station on Kanto Railway’s Joso Line and has population centers in its surroundings. This rare combination of advantages should make it easy to attract staff.