IIF Fukuoka Koga Vehicle Logistics Center (Land with leasehold interest)

IIF Fukuoka Koga
Vehicle Logistics Center
(Land with leasehold interest)

information

L-29

Location
1134-1, Aoyagi, Koga-shi, Fukuoka
Acquisition Price (mn Yen)
860
Date Acquired
May 29, 2015
Number of Stories
- (Land with Leasehold Interest)
Land Size
30,815.97 m2
Total Floor Space
- (Land with Leasehold Interest)
Number of Tenants
1
Occupancy Ratio
100.0 %
Major Tenant
ORIX Auto Corporation

This property is located within Koga logistics park which was newly developed in July 2014, and is located within 3.6 km from National Route 3 and 2.8 km from the Koga Interchange on the Kyushu Expressway and within 30 minutes by car from central Fukuoka, which is the largest consumption area in Kyusyu. It is a favorable logistics location where distribution to a broad area is possible. In the area surrounding the property, logistics and manufacturing properties are concentrated. The tenant is a leading company in the auto leasing industry in Japan and this property is one of the most important hubs covering the Kyusyu and Okinawa area for its operation. Having two car auction sites in nearby location, the area is well known to car buyers. Through a bulk acquisition of two development sites, two exits and entrances are secured and the property can accommodate about 1,000 vehicles on a flat surface.

Income

Please refer to "Performance by Property (xls)"

Map

L-29

IIF Fukuoka Koga
Vehicle Logistics Center
(Land with leasehold interest)

Location
1134-1, Aoyagi, Koga-shi, Fukuoka
Acquisition Price (mn Yen)
860
Date Acquired
May 29, 2015
Number of Stories
- (Land with Leasehold Interest)
Land Size
30,815.97 m2
Total Floor Space
- (Land with Leasehold Interest)
Number of Tenants
1
Occupancy Ratio
100.0 %
Major Tenant
ORIX Auto Corporation
IIF Fukuoka Koga Vehicle Logistics Center (Land with leasehold interest)