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M-26 Sagamihara

  • Kanagawa
  • Over 30,000㎡
  • Single
Location 5-9-1 Nishi-Hashimoto, Midori-ku, Sagamihara, Kanagawa
Site Area 22,020.77 m2
Total leasable area 44,010.20 m2
Structure/Floors Steel frame with alloy-plated steel roofing sheet, 5-story building
Completed February 18, 2014
Acquisition Date Mar. 3, 2015
Acquisition Price 8,032 million yen
No. of Tenants 1
Major Tenants DHL Supply Chain Co., Ltd.

Income(Loss) from Real Estate Leasing Business

(million yen)

The 21th Period The 22th Period The 23th Period The 24th Period The 25th Period
Real estate leasing business revenue 非開示* 非開示* 非開示* 非開示* 非開示*
Real estate leasing business expenses 非開示* 非開示* 非開示* 非開示* 非開示*
NOI 253 221 221 222 222
Depreciation 73 73 73 73 73
Loss on Write-offs of noncurrect assets - -
Income(loss) from real estate leasing business 179 147 147 148 148
Book Value 8,010 7,936 7,862 7,789 7,715
Appraisal Value 9,550 9,560 9,770 9,980 9,970
* Not disclosed, for unable to obtain the tenant’s consent.

Location Profile

This property is located in the Sagamihara area. Because the Sagamihara area is adjacent to large consumption areas such as the Tokyo Metropolitan Area as well as the cities of Yokohama and Kawasaki, the area is suitable for storage and distribution centers catering to the consumer goods market. Housing many manufacturing factories, the area is expected to satisfy producers’ logistics needs. This property is located approximately 4 km from the Sagamihara interchange of the Ken-O Expressway, which opened in June 2014, and has good access to many expressways as well as Route 16, a national loop road in the Tokyo Metropolitan Area. This enables wide-area distribution around Tokyo. The location is excellent in terms of access to western Japan via the Chuo and Tomei Expressways. As it is located in a special industrial area, the environment is suitable for the operation of a logistics center. In addition, the location is surrounded by a residential area with a well-established bus route network, which makes it easy to secure labor. The location satisfies the requirements of current distribution operations.

Facility Profile

This facility is a highly versatile logistics center with standard specifications such as an effective column interval of 10 m x 11.5 m, an effective ceiling height of 6.0 m, and a floor load capacity of 1.5 t/m2. Multiple units of vertical transport equipment (4 freight elevators, 4 vertical transport devices) enable efficient inflow, outflow, internal flow and storage of goods. The foundation is solid, and adopts a seismic response control structure. It satisfies the requirements of a business continuity plan (BCP). Furthermore, JLF plans to install solar panels on the roof after acquisition to meet a wide-range of tenant needs while being environmentally friendly.

Press Release


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