NIPPON REIT Investment Corporation

Securities code:3296



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Location 8-9-5 Nish-Gotanda, Shinagawa-ku, Tokyo
Access Approximately a 6-minute walk from Osakihirokoji station on the Tokyu Ikegami Line, and Approximately a 9-minute walk from Gotanda station on the JR Yamanote Line, the Toei Subway Asakusa Line and the Tokyu ikegami Line
Site area 1,840.57㎡
Total floor space 13,581.66㎡
Structure/Floors Steel-framed reinforced concrete with flat roof,B2/12F
Completion September 1989
Acquisition date July 2, 2015

Location Characteristics

The Gotanda zone is an area that expands to the east and west from JR Gotanda Station,which is at its core. There are the Gotanda Station on JR Yamanote Line, Toei Subway Asakusa Line and Tokyu Ikegami Line and Fudomae Station on the Tokyu Meguro Line within the zone, making the access convenience rather favorable.
In the area west of the station, offices are concentrated over a wide area centered on along Sakurada-Dori and Yamate-Dori streets.
Demand for offices in the concerned zone is mainly from those looking for sales offices in Tokyo and the surrounding regions, thus the business types of tenants vary widely.
It has the feature of taking in demand from tenants who prioritize costs utilizing factors such as access convenience of a JR station and discounted rent levels compared to central Tokyo.

Property Features

FORECAST Gotanda WEST meet conditions for being selected as an office building in the area: the accessibility to Gotanda Station on the JR Yamanote Line and other three routes, the good visibility along Sakurada-Dori street, and the distance from the chaotic downtown area around Gotanda Station.
Also, FORECAST Gotanda WEST is approximately a 6-minute walk from Osaki-hirokouji Station on the Tokyu Ikegami Line and
approximately a 9-minute walk from Gotanda Station on the JR Yamanote Line, the Toei Subway Asakusa Line and the Tokyu Ikegami Line.
While many of office buildings in the Gotanda zone are categorized as small- and mid-sized buildings with the total floor space of 3,000 tsubos or smaller and the standard floor space of 200 tsubos or smaller, FORECAST Gotanda WEST is categorized as a mid-sized building with the total floor space of about 4,100 tsubos and the standard floor space of about 230 tsubos.
The property has an appealing power in terms of size primarily targeting at potential tenants requiring a certain space.
The property is equipped with the standard level of specifications, which meets the tenants’ needs.
The property has a parking lot for 43 cars and is located near the exit of the Metropolitan Expressway Route 2 (the Meguro Route), both of which also constitute an appealing power.


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