IIF Shinonome
Logistics Center

IIF Shinonome Logistics Center1
IIF Shinonome Logistics Center2
IIF Shinonome Logistics Center3

information

L-1

Location
13-32, Shinonome 2-chome, Koto-ku, Tokyo
Acquisition Price (mn Yen)
13,700
Date Acquired
Oct. 19, 2007
Construction Completion
Feb. 08, 2006
Number of Stories
Main Bldg. : 5 stories
Annex : 1 story bldg.
Land Size
30,283.33 m2*1
Total Floor Space
Main Bldg. : 34,415.56 m2
Annex : 11.42 m2*2
Number of Tenants
1
Occupancy Ratio
100.0 %
Major Tenant
Sagawa Express Co., Ltd.

*1 In the Land size of the above table, total area is indicated.
*2 In the Total floor space of the above table, total area of this building is indicated.

* Japan Logistics Fund,Inc. and IIF own 47% and 53% of the trust beneficiary interest of the real estate, respectively, and entered into an inter-beneficiary agreement.

The IIF Shinonome Logistics Center is a combined logistics center operated by Sagawa Express Co., Ltd., one of Japan's major transportation companies. It functions as a relay center, combined sales center and mail center for its express delivery business. It is among the largest of Sagawa Express's logistics facilities and consists of five tiers with storage on the first, third and fifth tiers and a ramp way that provides drive-up capability to each tier. The first and third tiers utilize double-sided berths for maximum efficiency. In addition, although the floor-to-ceiling height of the top tier is 3.95 meters or more, the floor-to-ceiling height of the first tier (9.0 meters or more) and the third tier (7.5 meters or more), as well as the pole span (10.0 meters by 11.0 meters) are larger than standard, which adds to its versatility.

Income

Please refer to "Performance by Property (xls)"

Map

L-1

IIF Shinonome
Logistics Center

Location
13-32, Shinonome 2-chome, Koto-ku, Tokyo
Acquisition Price (mn Yen)
13,700
Date Acquired
Oct. 19, 2007
Construction Completion
Feb. 08, 2006
Number of Stories
Main Bldg. : 5 stories
Annex : 1 story bldg.
Land Size
30,283.33 m2*1
Total Floor Space
Main Bldg. : 34,415.56 m2
Annex : 11.42 m2*2
Number of Tenants
1
Occupancy Ratio
100.0 %
Major Tenant
Sagawa Express Co., Ltd.

*1 In the Land size of the above table, total area is indicated.
*2 In the Total floor space of the above table, total area of this building is indicated.

* Japan Logistics Fund,Inc. and IIF own 47% and 53% of the trust beneficiary interest of the real estate, respectively, and entered into an inter-beneficiary agreement.