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Tokyo-24GLP NarashinoPrint


Location 2-6-6 Shibazono, Narashino, Chiba
Land area 14,047㎡
Gross floor area 23,553㎡
Leasable area 23,548㎡
Acquisition Date Sep 1, 2015
Date Constructed Sep 26, 1989
Construction/
No. of Floors
S/5F

Property Characteristics

The property is a large-scale logistics facility with a leasable area of approximately 7,100 tsubo. It is well designed for high operation efficiency, with double-sided truck berths that allow for smooth inflow and outflow in addition to eight freight elevators. The property also features highly versatile specifications, with 1.2-1.5 tons per square meter of floor loading capacity, 5.1-5.4 meters of ceiling height and a sufficient column span. As a highly competitive logistics facility, it has undergone a complete renovation in stages since 2009 (2009, 2011, 2012 and 2014), which cost a total of approximately 290 million yen. Specific work includes exterior wall improvement, construction work to accommodate multiple tenants, full-scale installation of LED lights in the buildings and heat insulating coating, which are intended to increase the asset value.

Location Characteristics

The property is located within a 25km radius from central Tokyo in a logistics hub along Tokyo Bay. As it is situated approximately 1.2 km from the Wangan Narashino Interchange on the Higashi Kanto Expressway and approximately 3.5 km from the Makuhari Interchange on Keiyo Road, it offers easy access to the expressway network as well as good accessibility to National Routes 357 and 14-both major roads. The property features very convenient connections to major land, air and sea transportation and traffic services, and is situated in close proximity to Tokyo, an enormous consumption area, which makes it suitable as a distribution center for the entire Tokyo metropolitan area. In addition, it is located roughly 1.6 km from Shin Narashino Station on the JR Keiyo Line and near a residential area, making it easy to secure a workforce.

Environmental assessment / Certifications

MAP

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