Logistics Transactions & Cap Rates in Kawasaki
12 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
12
Median CR (all time)
4.10%
CR range (last 3 years)
4.1–4.2%
Avg. price (all time)
184.2×¥100M
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 8 deals is 4.10%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (12)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2026/12 | Kawasaki Logistics Center | 川崎区 | 31.0×¥100M | 4.20% | 37 | REIT-IR ↗ |
| 2025/10 | Logiport Kawasaki Bay | 川崎区 | 4.4×¥100M | — | 6 | REIT-IR ↗ |
| 2024/03 | GLP alfα Kawasaki V | 川崎区 | 300.0×¥100M | 4.10% | 0 | TDnet ↗ |
| 2023/11 | GLP Alpha Kawasaki IV | 川崎区 | 300.0×¥100M | 4.10% | 0 | TDnet ↗ |
| 2023/03 | GLP Alpha Kawasaki III | 川崎区 | 337.0×¥100M | 4.10% | 2 | TDnet ↗ |
| 2023/03 | GLP Alpha Higashi-Ogishima | 川崎区 | 401.0×¥100M | 3.80% | 6 | TDnet ↗ |
| 2023/03 | GLP Alpha Kawasaki II | 川崎区 | 327.0×¥100M | 4.10% | 0 | TDnet ↗ |
| 2022/03 | GLP Alpha Kawasaki | 川崎区 | 13.7×¥100M | 4.30% | 12 | TDnet ↗ |
| 2022/03 | Logiport Kawasaki Bay | 川崎区 | 360.0×¥100M | 4.30% | 3 | REIT-IR ↗ |
Show transactions older than 5 years (3)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2020/12 | GLP Higashi-Ojima III | 川崎区 | 63.2×¥100M | — | — | REIT-IR ↗ |
| 2020/07 | GLP Higashi-Ojima II | 川崎区 | 23.6×¥100M | — | — | REIT-IR ↗ |
| 2013/01 | GLP Higashi Oshima | 川崎区 | 49.8×¥100M | — | — | REIT-IR ↗ |
FAQ
What is the average cap rate for Logistics in Kawasaki?
The median cap rate across 8 J-REIT disclosed transactions (all time) is 4.10% (as of July 18, 2026, appraisal NOI yield basis).
What is the data source?
Disclosure PDFs from TDnet (Tokyo Stock Exchange timely disclosure) and official J-REIT IR pages. Every record links to its source.