IIF Shin-Kawasaki
R&D Center

information

F-17

Location
1-2, Shin Ogura, Saiwai-ku, Kawasaki-shi, Kanagawa
Acquisition Price (mn Yen)
6,300
Date Acquired
Jun. 03, 2019
Construction Completion
Aug. 15, 2015
Number of Stories
Main building:7-story steel structure with flat roof
Annex 1:1-story steel framed reinforced concrete structure with flat roof
Annex 2:1-story steel structure with alloy plated steel sheet roof
Annex 4:1-story steel structure with alloy plated steel sheet roof
Land Size
10,910.00m2
Total Floor Space
11,865.54m2
Number of Tenants
1
Occupancy Ratio
100%
Major Tenant
NEC Networks & System Integration Corporation

This property is located in Shin-Kawasaki area where industry-academia collaboration facilities and R&D facilities gather which is designated as “Keihin Coastal Area Life Innovation Comprehensive Special Zones for International Competitiveness Development”. Shin-Kawasaki area is close to Haneda Airport, and easily accessible from Shinjuku, Shinagawa and Tokyo by JR ShonanShinjuku Line and Yokosuka Line.
“Experiment building” is a highly-versatile building available for a wide variety of experiments, with a large-sized freight elevator, outdoor space for extension, ceiling height of 9.4m at 2-stories (1st and 2nd floors), 4.8m at 3rd floor and 6.0m at 4th floor, pillar spacing of 8.5~9.0m×7.0~7.25m and floor-loading capacity of 1.5t/m2. “Office building” is also equipped with highly-versatile specifications, such as ceiling height of 2.7m, pillar spacing of 6.4~7.0m×10.0m and floor-loading capacity of 290kg/m2.
IIF achieved rent increase with tenant replacement without any downtime after IIF has acquired the property. That’s because the fixed-term building lease agreement has been concluded with the current tenant, NEC Networks & System Integration Corporation, as its high-versatility as a R&D facility has been appreciated, although the fixed-term building lease contract with the previous tenant was cancelled in April 2020 before maturity.

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Income

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Map

F-17

IIF Shin-Kawasaki
R&D Center

Location
1-2, Shin Ogura, Saiwai-ku, Kawasaki-shi, Kanagawa
Acquisition Price (mn Yen)
6,300
Date Acquired
Jun. 03, 2019
Construction Completion
Aug. 15, 2015
Number of Stories
Main building:7-story steel structure with flat roof
Annex 1:1-story steel framed reinforced concrete structure with flat roof
Annex 2:1-story steel structure with alloy plated steel sheet roof
Annex 4:1-story steel structure with alloy plated steel sheet roof
Land Size
10,910.00m2
Total Floor Space
11,865.54m2
Number of Tenants
1
Occupancy Ratio
100%
Major Tenant
NEC Networks & System Integration Corporation