Asset Management Company
Mizuho REIT Management Co., Ltd.
Sponsor
Mizuho Trust & Banking

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OT-18 Crescendo Building

Address 2-3-4 Shin-yokohama Kohoku-ku, Yokohama-shi, Kanagawa Prefecture
Site Area 705.37m²
Total Floor Space 5,534.88m²
Appraisal Value ¥2,500 million
Construction /
Number of Floors
SRC
B1/9F
Completed July 1987
Acquisition Date September 2018
Type of Ownership Proprietary ownership

Characteristics of the Location

    ●Office building located in approximately five minutes walking distance from Shin-Yokohama Station on JR and other lines
    ●Particularly convenient location in the Shin-Yokohama area as it faces Shin-Yokohama Arena Street and has good access from the pedestrian walkway that is connected to Shin-Yokohama Station
    ●Given good traffic access to a wide area using Tokaido Shinkansen and competitive rent than that in the center of Tokyo, the area around Shin-Yokohama Station has demand for office rent mainly from companies having the base in the Tokai region or west
    ●Concerning the road traffic network, the opening of the Metropolitan Expressway Kanagawa Route 7 Yokohama-kita Line in March 2017 has dramatically improved access to the center of Tokyo and Haneda Airport
    ●As for the railway traffic network, it will be accessible to the center of Tokyo and the area on the Sotetsu Line without changing trains after the commencement of operation of Sotetsu-Tokyu direct train service (scheduled in the second half of the fiscal year 2022), and therefore improvement in transportation for commuting and wider coverage of business offices, etc. can be expected
    ●Various tenant needs can be satisfied owing to shape of rental space that can be divided into small lots

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