NIPPON REIT Investment Corporation

Securities code:3296

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A-30 FORECAST Shinagawa

Location 1-20-9, Kita-Shinagawa, Shinagawa-ku, Tokyo
Access Approximately a 10-minute walk from Shinagawa Station on the JR Lines and approximately a 5-minute walk from Kitashinagawa Station on the Keikyu Main Line
Site area 705.37㎡
Total floor space 3,400.87㎡
Structure/Floors Steel-framed reinforced concrete with flat roof,8F
Completion February 1989
Acquisition date February 12, 2015

Location Characteristics

The Shinagawa Station East Exit zone is an area that spreads out from Shinagawa Station, where many train routes of various JR and private railway lines run including the Tokaido Shinkansen, to the bayside to the east.
The area was traditionally concentrated with factories and warehouses, but presently it has become a zone with top-ranking area potential even among the 23 wards of Tokyo with appeal for a wide variety of tenants including manufacturing companies. Such change was backed by high a concentration of companies and superior access convenience due to expansion and improvement in the transportation infrastructure, supply of large buildings through large-scale redevelopment, etc.
Furthermore, the high potential such as the future redevelopment of areas around the station and fact that the station will be the terminal station for the Linear Chuo Shinkansen (scheduled to be constructed for an opening in 2027) is gaining attention.

Property Features

FORECAST Shinagawa is approximately a 10 -minute walk from Shinagawa Station on the JR Lines and approximately a 5-minute walk from Kitashinagawa Station on the Keikyu Main Line.
In the location within walking distance from JR Shinagawa Station which boasts high access convenience, the Property’s surrounding area provides an environment with a composed atmosphere having a canal running through the back. Due to it being located quite near to Shinagawa Grand Commons where listed companies, etc. are concentrated, demand from related companies can also be expected in addition to companies seeking access convenience.
Floors are regularly shaped and have no pillars, so it can be said to have high versatility in layout and space use efficiency.
Although the building is equipped with standard specifications, it has 3 elevators like other facilities (excels in vertical motion) and some floors are equipped with a shower room, etc. Such facilities are rarely seen in usual buildings of similar size, and can be considered as contributing factors in tenant solicitation.

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