Fukuoka REIT Corporation

Fukuoka REIT Corporation

Last Update / Jun 01,2020

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    LOGICITY Minato Kashii

    The property is within a radius of 10 kilometers from the central part of Fukuoka City, which is a major consumption area, and is approximately 3 kilometers to the entrance and exit of the Kashiihama Junction (tentative name) on the Fukuoka Urban Expressway Kashii Line, featuring excellent convenience in terms of access to downtown. As it is conveniently located for using the Kyushu Expressway, the property also plays a role as an extensive logistics base covering the entire area centering on northern Kyushu. Moreover, the property is relatively close to Fukuoka Freight Terminal Station of Japan Freight Railway Company, and is within approximately 10 kilometers of Fukuoka Airport. As such, it is believed to have strong superiority as a logistics base.

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    Overview

    Address:2-chome, Minato Kashii, Higashi Ward, Fukuoka City

    Property Manager,: Fukuoka  Jisho Co.,Ltd

    Acquisition Price: 8,150 million yen

    Acquisition CAP: 5.2%

    Acquisition Timing: March 27th, 2015

    Source:Outside party

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