Itabashi SATY is located in Itabashi ward in the northern part of Tokyo, near several major roads and highways that bring in significant customer traffic. The property is also easily accessible from Tobu Nerima Station, which is only 15 minutes traveling time on the Tobu Tojo Line from Ikebukuro Station, a major transport hub in central Tokyo. Itabashi Ward's population growth rate of 2.1% from 1999 to 2003 compares favorably to the national average of 0.7%. Itabashi Saty's 5km trade area, with nearly 1.1 million residents, has a high population density. Because there are no other strong shopping centers of comparable scale in the trade area, Itabashi Saty benefits from its dominant position and well-established reputation in the market.
Our anchor tenant at Itabashi SATY is SATY, operated by Mycal, which master leases from us the entire property as a general merchandise store. The property features a wide array of clothing, book, sporting good and other specialty stores, as well as a variety of restaurants and coffee shops. In addition, there is a 12-screen cinema on the fifth floor, the largest in the retail trade area.
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| Location |
2-6-1, Tokumaru, Itabashi-ku, Tokyo |
| Land size |
15,458.09m2 |
| Total floor space |
72,253.88m2 |
Number of
stories |
Eight floors above ground and one basement floor |
Construction
completion |
May 2000 |
| Major tenant |
SATY |
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