Mitsui ＆ Co. Real Estate Ltd. Completes LOGIBASE Sendai, Its First Logistics Facility in the Tohoku Region
Mitsui ＆ Co. Real Estate Ltd. announced on October 21, 2025, the completion of “LOGIBASE Sendai,” a logistics facility developed in Ougimachi, Miyagino-ku, Sendai City. This marks the company’s first logistics development project in the Tohoku region. Construction began in November 2024 and was completed in September 2025.
The property is located approximately 7 kilometers from Sendai Station, 1.9 kilometers from the Sendai-Higashi Interchange on the Sendai-Tobu Expressway, 8 kilometers from Sendai Port, and 17 kilometers from Sendai Airport, offering convenient access to land, sea, and air transport. The location is well-suited for both regional and wide-area distribution.
According to estie’s logistics market data, rental rates for logistics facilities in Sendai are in the low JPY 4,000 per tsubo range, while vacancy remains stable at around 3%. New supply in 2025 is expected to total roughly 13,000 tsubo, nearly unchanged from the previous year. Among major Tohoku cities, Sendai continues to see steady demand, and the Sendai-Higashi IC area has been emerging as a hub for multi-tenant logistics facilities, enhancing its position as a key logistics base for the wider Tohoku region.
Key Facts
Property Name: LOGIBASE Sendai
Developer: Mitsui ＆ Co. Real Estate Ltd.
Location: 7-3-11 Ougimachi, Miyagino-ku, Sendai City, Miyagi Prefecture
Nearest IC: Sendai-Higashi IC, Sendai-Tobu Expressway (approx. 1.9 km)
Construction Start: November 2024
Completion: September 2025
Number of Floors: 4F
Site Area: 2,035 tsubo (approx. 67,300 sq. ft.)
Gross Floor Area: 4,167 tsubo (approx. 137,700 sq. ft.)