ITOCHU Announces Completion of Multi-Tenant Logistics Center i Missions Park Ichikawa Shiohama With Contract Rate of 100%

September 11, 2019

ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announced today that i Missions Park Ichikawa Shiohama (location: Ichikawa-shi, Chiba prefecture), a multi-tenant logistics center developed by ITOCHU, has been completed on August 30.
The facility opened with full occupancy through leasing contracts with multiple tenants before the construction completion.

i Missions Park Ichikawa Shiohama is located in the Chiba Bay area within a 20-km radius of central Tokyo. The facility is sited adjacent to the Chidoricho Interchange of the Metropolitan Expressway Bay Shore Route (some 2.1 km), which is not only highly convenient for delivery to the Tokyo area but is also optimal for wide-area distribution as well. Moreover, the facility is easily accessible for commuters, at a walking distance of around 9 minutes from Ichikawa Shiohama station on the JR Keiyo Line. Coupled with the abundant population in the surrounding areas, the logistics center has an advantageous environment for securing employment.

The building is four stories high and has a floor area of approximately 59,100 square meter with some 14,750 square meter on each floor. Highly efficient entry-dispatch operation has been achieved through the installation of a slope that allows large vehicles to drive directly onto the third floor and 44 truck berths on first and third floor enables further optimization of the operation. I Missions Park Ichikawa Shiohama is an eco-friendly and energy-saving facility, utilizing LED lightings throughout the building. Solar power generating system is scheduled to be installed on the roof of the logisticis center as well.

Outline of i Missions Park Ichikawa Shiohama

Name i Missions Park Ichikawa Shiohama
Location 12-1 Chidoricho, Ichikawa-shi, Chiba prefecture
Site area 27,404 m2
Floor area 59,111 m2

i Missions Park Ichikawa Shiohama Artist’s impression

With regard to the newly developed properties referred to in the press release entitled “ITOCHU Announces Expansion of Business Operations in the Logistics-Related Construction and Realty Field” dated March 13, 2018, four properties in addition to i Missions Park Ichikawa Shiohama are all completed, fully leased and in operation (please see below).

Name of property Location Scheduled date of completion Total floor area Leasing status
i Missions Park Inzai Inzai-shi, Chiba Mar 2018 110,022㎡ Fully leased
i Missions Park Inzai 2 Inzai-shi, Chiba Mar 2019 26,939㎡ Fully leased
i Missions Park Kashiwa 2 Kashiwa-shi, Chiba Aug 2018 117,299㎡ Fully leased
i Missions Park Tokyo Adachi Adachi-ku, Tokyo May 2018 27,872㎡ Fully leased

ITOCHU will continue to respond to growing customer demands through global customer relations and will continue to provide additional values by combining logistics and commercial flows. Utilizing the collective strength of the ITOCHU Group, we will pursue the development of superior logistics facilities meeting the needs of our customers and society.

◆Leasing site of i Missions Park, a logistics facility run by ITOCHU