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M-32 Yokohama Machida

  • Tokyo
  • Over 30,000㎡
  • Multi
Location 7-30-1 Tsuruma,Machida-shi,Tokyo
Site Area 34,644.19 m2
Total leasable area 65,657.14 m2
Structure/Floors Steel-frame/steel-reinforced concrete 4-story building with galvanized steel sheet roof
Completed May 19, 2011
Acquisition Date Sep. 1, 2017
Acquisition Price 25,452 million yen
No. of Tenants 6
Major Tenants Utoc Corporation
Japan Transcity Corporation
SG Moving Co.,Ltd.
Not disclosed*

Income(Loss) from Real Estate Leasing Business

(million yen)

The 25th Period The 26th Period The 27th Period The 28th Period The 29th 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 439 476 471 462 479
Depreciation 85 102 102 102 102
Loss on Write-offs of noncurrect assets - - 0
Income(loss) from real estate leasing business 354 374 368 360 377
CAPEX - 0 2 2 0
Book Value 25,588 25,487 25,387 25,287 25,185
Appraisal Value 26,000 26,000 26,000 26,300 26,300
* Not disclosed, for unable to obtain the tenant’s consent.

Location Profile

The property locates in the Yokohama Machida area with the high scarcity, where the needs for the strategic hub logistics center are high because of the easy access to the whole Tokyo metropolitan area including the central part of Yokohama, and where the supply of large facilities is limited due to the lack of suitable land.

The property has high traffic convenience and strong competitiveness from the perspective of efficient distribution, for it locates on National Route 16, which is a major loop road, and is close to the Yokohama Machida Interchange of the Tomei Expressway, which has good access to the Ken-O Expressway and the Chuo Expressway.

The property locates in an industrial zone with large factories and distribution bases, that enables the tenants to operate around the clock without fearing potential complaints about noise from the neighborhood.

The property has easy access to the labor market because residential areas with train networks, including the Tokyu Denen-toshi Line and the JR Yokohama Line, are expanding behind the property.

Facility Profile

A large four-story logistics facility with a high level of versatility serving multiple tenants with standard facility specifications including an effective inter-column gap of 10.7 meters x 9.7 meters, an effective ceiling height of 5.5 meters and a floor withstand load of 1.5 tons/m2.

Direct access to each floor is possible using rampways dedicated to ascending and descending attached as an annex, and efficient cargo carrying-in and carrying-out operations are possible since the property is equipped with truck berths where 27 trucks can park and load on each floor, meaning that it is able to respond to the needs of tenants in a broad range of industry sectors.

Provides a sufficient number of parking spaces (for 153 vehicles), office space and four passenger elevators, that satisfies thenants’ working environment requirements.

Press Release


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