IIF Ichikawa
Food Processing Center

information

F-18

Location

1-1-2, Higashihama, Ichikawa-shi, Chiba, Japan and others

Acquisition Price (mn Yen)

6,200

Date Acquired

Jun. 03, 2019

Construction Completion

Aug. 31, 1989
Apr. 01, 1999

Number of Stories

Building 1：7-story, 1-basement steel structure with galvanized steel sheet roof
Building 2：2-story steel structure with galvanized steel sheet roof

Land Size

17,291.29m²

Total Floor Space

27,375.23m²

Number of Tenants

2

Occupancy Ratio

100 ％

Major Tenant

Hyoshoku Co., Ltd ,others

Google map

The property has high versatility since location adjacent to central Tokyo, the large consumption area, and within approx. 2.8km distance from WanganIchikawa IC on Higashi-Kanto Expressway providing broad area access through Tokyo-Outer Ring Road. Highly valuable-property for tenant that is capable of accepting needs for almost all temperature zones with an ultra low-temperature storage. The porperty specification is also high versatile specifications with effective ceiling height of 5.2m at 1st to 5th floor, floor-loading capacity of 1.5t/m2or more, and four cargo elevators and six pallet lifters . Executed contract renewal to the longer lease term after the value added construction by utilizing the development functions by a sponsor group in response to tenant needs for large-large-scale renovation of the facility which the tenant used as a primary base for a long period of time

Income

Please refer to "Performance by Property (xls)"

Property Related Information

• Jun. 03, 2019 Property
  IIF to Complete Property Transactions: Acquisitions of Four Properties in Japan
• May 14, 2019 Property
  IIF to Acquire and Lease Five Properties in Japan

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