Industrial & Infrastructure Fund Sells Kamata R&D Center to Mitsubishi Corporation Urban Development

Industrial & Infrastructure Fund Investment Corporation will sell the “IIF Kamata R&D Center” to Mitsubishi Corporation Urban Development. Closing is scheduled for October 1, with a sale price of JPY 10.0 billion.

The property was completed in 1988 with a gross floor area of about 6,622 tsubo (approx. 218,900 sq. ft.). Since its acquisition in 2012, the building has been primarily occupied by Tokyo Keiki, whose lease is set to expire in March 2026.

Key Facts

• Property Name: IIF Kamata R&D Center

• Buyer: Mitsubishi Corporation Urban Development

• Seller: Industrial & Infrastructure Fund Investment Corporation

• Transaction Price: JPY 10,000 million

• Location: 2-16-46 Minami-Kamata, Ota-ku, Tokyo

• Nearest Stations: JR Keihin-Tohoku Line “Kamata” – 13 min walk / Keikyu Main Line “Keikyu Kamata” – 9 min walk / Keikyu Airport Line “Kojiya” – 5 min walk

• Completion: June 1988

• Number of Floors: 6F / B1

• Gross Floor Area: approx. 6,622 tsubo (approx. 218,900 sq. ft.)