NIPPON REIT Investment Corporation

Securities code:3296

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A-43 Marunouchi Sanchome Building

Location 3-14-32, Marunouchi, Naka-ku, Nagoya, Aichi
Access Approxmately a 4-minute walk from Marunouchi Station on the Nagoya City Subway Sakuradori and Tsurumai Lines
Site area 892.31㎡
Total floor space 5,268.20㎡
Structure/Floors Steel-framed reinforced concrete with flat roof,9F
Completion July 1988
Acquisition date February 12, 2015
(Note 1)The figure does not include the annex building.
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Location Characteristics

The Marunouchi zone where Marunouchi 3-chome Building is located is an area to the south of Sannomaru district, a district with many government offices, and relatively stretching east to west.As for office buildings, the overwhelming majority are small- and mid-sized buildings in the southern side of the area. The concentration is especially conspicuous in the surrounding areas of main street intersections (Nichigin-mae intersection and Sakura-Dori Otsu intersection).
Although the concentration of certain businesses such as foundations,law firms, attorneys’ offices and judicial scriveners’ offices were observed in the old days since an administrative district is located to the north,recently no such imbalance in business types or categories are seen and the area seems to attract needs from tenants looking for low cost office buildings within Nagoya City. The supply of office buildings centering on
mid-sized buildings are observed lately along Sakura-Dori Street and the image as an office district is being reaffirmed. However, such a trend only
applies to a small portion of the area and the potential of the overall area as an office district is weakening in comparison to other places. This is
due to the impact of many new office building supplied in Fushimi area to the south of the area and other factors in addition to the accelerated shift
in tenants to the Meieki (Nagoya Station) area where the characteristics as a hub are stronger.

Property Features

Marunouchi 3-chome Building is evaluated to have a certain convenience as several subway routes are available within walking distance. However,
there is a possibility that the fact that it is not located along Higashiyama Line, a train route highly convenient in terms of business, to be a negative
factor when companies consider the building.Although the building is located one block away from the major roadway Sakura-Dori Street, based on the fact that offices are concentrated more in the southern side of the zone, it is inferred to hold a certain amount of solicitation power in terms of ocational conditions.Marunouchi 3-chome Building is categorized as a mid-sized building as it has a total floor space of around 1,600 tsubos and a standard floor area of around 150 tsubos. The size of Marunouchi 3-chome Building is greater than that of buildings in the volume zone (zone with largest distribution) in the zone as many of the office buildings located in the Marunouchi zone are small-sized buildings with total floor space of less
than (or around) 1,000 tsubos. Furthermore, the building’s size also has advantage in standard floor area over the volume zone (zone with largest
distribution) as same as the total floor space. Thus, Marunouchi 3-chome Building’s size is likely to be evaluated highly within the area.
The building is equipped with standard specifications that meet tenant needs.The Marunouchi 3-chome Building has a parking lot of 60 units in which
one can find a space easily for a building of this size. This can be said to hold certain solicitation power in Nagoya City, where needs for commercial vehicles are high.

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