Li-6i Missions Park Chiba-Kita
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Location | Chiba-shi, Chiba | Total floor area | 9,841 m² |
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Acquisition price(*) | ¥3,050 million | Leasable area | 10,478 m² |
Appraisal value | ¥3,050 million | Structure | SRC / 2F |
Construction Co. | Fujita Corporation | Completion | November 2017 |
*: | 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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Characteristics of the Property
■In terms of the basic specifications, the effective ceiling height is 7.5 m on the first floor and 5.5 m on the second floor, while floor load is 1.5 t/m2 on both floors and column spacing 11.2 m × 11.0 m, ensuring general functionality for adaptability to tenants from a wide range of industries.
■The effective ceiling height on the first floor is above the standard value, allowing it to accommodate a four tier arrangement of racks for high storage efficiency.
■The second floor has a staff cafeteria, creating high amenity for employees.
■The on site conveyor facilities comprise two (2) cargo elevators and four (4) vertical conveyors.
■As for efficient cargo handling, the logistics facility is of the highly convenient low rise type, with truck berths for 20 vehicles along one side of the first floor level contributing further to operational efficiency.
■Parking provision consists of truck standby space for 57 vehicles, making the facility ideally suited for tenants in the food related industries, who require goods movement at frequent intervals. Visitor parking spaces are available for five (5) vehicles.
Access
■The property is located in Chiba City, which is approximately 45 km from central Tokyo. The area has a scattering of logistics facilities, mainly along National Route 16, an orbital route serving the Greater Tokyo area, and around Chiba Kita Interchange, a major junction on the Higashi Kanto Expressway.
■Situated approximately 5.6 km from Chiba Kita Interchange, the property is convenient for access to the Higashi Kanto Expressway, and is also close to National Route 16 (approximately 3.8 km), ensuring good transport links to major consumer centers not only within Chiba City, but also along the coast and in the inland areas of Chiba Prefecture.
■Access to the highway network also positions it as a potential wide area base serving not only Chiba Prefecture but also the whole of the Greater Tokyo area.
■As there are no residential concentrations immediately adjacent, 24 hour operation as a logistics facility is also possible.
■In terms of recruitment, although the nearest rail station is not within walking distance, there is a bus stop within walking distance and a residential area starting some 100 m from the property, which should make it easy to attract staff.