NIPPON REIT Investment Corporation

Securities code:3296

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A-67 Kameido i-Mark Building

Location 2-27, Kameido, Koto-ku,Tokyo
Access Approximately a 4-minute walk from the Kameido station on the JR Sobu Line
Site area 665.53㎡
Total floor space 4,096.62㎡
Structure/Floors Steel-framed structure with flat roof / B1 / 8F
Completion September 2010
Acquisition date February 27, 2019

Location Characteristics

The Kinshicho area where the property is located is assumed to be highly rated among 18 neighboring metropolitan wards in terms of accessibility because prominent office districts, such as those around Tokyo, Mitsukoshimae and Otemachi Stations, are relatively accessible from the area within short periods of time using JR and subway lines. The area is positioned as a sub-market area that supplements the midtown districts of Tokyo. Demand as a business control base for Tokyo’s Joto area and the western part of Chiba Prefecture (including Urayasu, Ichikawa and Funabashi cities) and tenants’ demands for back-office functions have been confirmed in the area.
Small retail properties such as Atre Kameido are located in the district immediately north part of Kameido Station, while detached houses and apartment buildings are clustered around the station. Commercial and residential properties coexist in the district. The area is assumed to have a certain office market size as a business location because small-to-medium-sized buildings are found here and there, even though the level of the area’s recognition as an office district is relatively low with few stock of large-sized buildings.

Property Features

The property is a small-to-medium-sized building with a total floor space of approximately 1,300 tsubo and a standard floor space of approximately 120 tsubo. Building of this size is rare in the area. Additionally the property is assumed to have high competitiveness from the viewpoint of building age because many buildings were found in the Kinshicho area are old. The property is assumed to be highly rated in the area because it satisfies the latest facility standards sought by tenants in recent times.

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