Yokohama, Kanagawa — Logistics Cap Rates & Price per Sqm
4 transactions from J-REIT timely disclosures｜Last updated: November 1, 2026 (refreshed weekly)
Transactions
4
Median deal cap rate (all time)
3.70%
Deal cap rate range (all time)
3.70–3.80%
Avg. price (all time)
¥13.56bn
Properties appraised
12
Median appraisal cap rate
4.05%
Appraisal cap rate range
3.3–5.2%
Period ends
2026/02–2026/07
Cap rates at transaction
From acquisition/disposition notices, as of each deal (dates vary by deal)
0 transactions were disclosed in the last 12 months. The all-time median cap rate across 3 deals is 3.70%.
Breakdown by ward
| Ward | Transactions | Cap rate |
|---|---|---|
| Tsuzuki, Yokohama | 2 | 3.80% |
| Tsurumi, Yokohama | 1 | 3.70% |
All transactions (5)(1 scheduled, excluded from statistics)
| Ward | Source | |||||
|---|---|---|---|---|---|---|
| 2027.01Scheduled | MFLP Yokohama Daikoku | Tsurumi | ¥4.76bn | 4.10% | 2009 · 17 yrs | REIT-IR ↗ |
| 2024.02 | IIF Yokohama Tsuzuki R&D Center | Tsuzuki | ¥6.00bn | — | 1991 · 35 yrs | REIT-IR ↗ |
| 2022.10 | Logi Cross Yokohama Kohoku | Tsuzuki | ¥7.82bn | 3.80% | 2019 · 7 yrs | REIT-IR ↗ |
| 2020.12 | GLP Yokohama (Quasi-co-ownership 60%) | Tsurumi | ¥24.27bn | 3.70% | 2005 · 21 yrs | REIT-IR ↗ |
| 2020.07 | GLP Yokohama (Quasi-co-ownership 40%) | — | ¥16.15bn | 3.70% | — | REIT-IR ↗ |
Periodic appraisals (current valuations)
Each property’s latest period-end appraisal. Aligned in time, so current levels can be compared
Periodic appraisals (period-end valuations)
Yokohama · Logistics: 12 properties · period ends 2026/02–2026/07 · median 4.05% (3.3%–5.2%)
Number of properties per 0.1% cap rate band. The dark bar is the band containing the median.
Click a heading to sort
| Source | ||||
|---|---|---|---|---|
| 新子安物流センターJapan Logistics Fund, Inc. | 3.7% | ±0 | 2026/07 | Filing ↗ |
| IIF横浜都筑ロジスティクスセンターIndustrial & Infrastructure Fund Investment Corporation | 4.0% | ±0 | 2026/07 | Filing ↗ |
| MFLP横浜大黒Mitsui Fudosan Logistics Park Investment Corporation | 4.1% | ±0 | 2026/07 | Filing ↗ |
| 横浜ロジスティクスStar Asia Real Estate Investment Corporation | 4.1% | ±0 | 2026/07 | Filing ↗ |
| 横浜福浦物流センターJapan Logistics Fund, Inc. | 4.1% | ±0 | 2026/07 | Filing ↗ |
| IIF横浜新山下R&DセンターIndustrial & Infrastructure Fund Investment Corporation | 4.7% | ±0 | 2026/07 | Filing ↗ |
| IIF横浜都筑テクノロジーセンターIndustrial & Infrastructure Fund Investment Corporation | 5.2% | -10 | 2026/07 | Filing ↗ |
| プロロジスパーク横浜鶴見Nippon Prologis REIT Investment Corporation | 3.6% | ±0 | 2026/05 | Filing ↗ |
| SOSiLA横浜港北 (準共有持分80%)SOSiLA Logistics REIT Investment Corporation | 3.7% | ±0 | 2026/05 | Filing ↗ |
| 横浜上郷配送センターKDX Realty Investment Corporation | 4.1% | ±0 | 2026/04 | Filing ↗ |
Direct capitalization rates from each property’s latest period-end appraisal, for properties of the same use in the same city/ward (period ends within the last year; from J-REIT annual securities reports and results materials). These differ from acquisition cap rates (chart and deal list above) and compare current valuations regardless of deal timing. Values for the same property can differ by appraiser or ownership share. Reference information only, not a recommendation.
See appraisals in Yokohama · Logistics as a list →
FAQ
What is the average Logistics cap rate in Yokohama, Kanagawa?
The median cap rate across 3 J-REIT disclosed transactions (all time) is 3.70% (as of November 1, 2026, appraisal NOI yield basis).
What is the data source?
Timely-disclosure PDFs published on each J-REIT official IR page. Every record links to its source.