IIF Morioka
Logistics Center

information
L-24
- Location
- Plot 4-311, Oaza Hiromiyasawa, Yahabacho, Shiwa-gun, Iwate
- Acquisition Price (mn Yen)
- 600
- Date Acquired
- Feb. 07, 2014
- Construction Completion
- Aug. 10, 2005
- Number of Stories
- Main building: 2-stories
Annex: 1-story - Land Size
- 8050.25m2
- Total Floor Space
- 8,005.35 m2
- Number of Tenants
- 1
- Occupancy Ratio
- 100 %
- Major Tenant
- Nippon Access, Inc.
The property serves as a major distribution center for the end-tenant, a drugstore company listed on the Tokyo Stock Exchange and headquartered in Iwate prefecture which outsources its logistics functions to the tenant. It is located in Morioka area in Iwate prefecture from which the end-tenant delivers everyday commodities to approximately 120 store locations in Aomori, Akita, and Iwate prefectures. Morioka city is one of the key logistics areas serving the Tohoku region alongside Sendai and Koriyama. And it is 4 km from the Morioka-minami Interchange on the Tohoku Expressway, efficient delivery to Aomori, Akita and Iwate prefectures is made possible via National Route 46 (which runs through the Ou Mountains east to west) and National Route 4 (which bisects the Tohoku region north to south). Within 10 km from Morioka city, and is located near major historical logistics facilities such as Morioka Wholesale Center, Morioka Truck Terminal, Morioka Central Wholesale Market, and Iwate Truck Terminal.
The two-story property has a gross floor area of approximately 8,000 m2, and is equipped with 17 truck berths, 1.5t/m2 floor weight capacity, 6.0 to 7.0 m ceiling height, and over 10.0 m intervals between pillars provide versatility.
Income
Please refer to "Performance by Property (xls)"
Map
L-24
IIF Morioka
Logistics Center
- Location
- Plot 4-311, Oaza Hiromiyasawa, Yahabacho, Shiwa-gun, Iwate
- Acquisition Price (mn Yen)
- 600
- Date Acquired
- Feb. 07, 2014
- Construction Completion
- Aug. 10, 2005
- Number of Stories
- Main building: 2-stories
Annex: 1-story - Land Size
- 8050.25m2
- Total Floor Space
- 8,005.35 m2
- Number of Tenants
- 1
- Occupancy Ratio
- 100 %
- Major Tenant
- Nippon Access, Inc.