{"id":1003873331,"date":"2008-10-13T12:00:00","date_gmt":"2008-10-13T20:00:00","guid":{"rendered":"https:\/\/64.70.41.235\/2008\/10\/13\/prologis-takes-300000-sf-near-tokyo\/"},"modified":"2022-12-04T23:08:02","modified_gmt":"2022-12-05T07:08:02","slug":"prologis-takes-300000-sf-near-tokyo","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/prologis-takes-300000-sf-near-tokyo\/","title":{"rendered":"ProLogis Takes 300,000 SF near Tokyo"},"content":{"rendered":"

ProLogis Japan Properties Fund II has acquired a $65 million portfolio near Tokyo, it has reported. The deal includes three buildings totaling 300,000 square feet, all fully leased to three separate Japanese companies, located in Akishima City, a logistics hub approximately 50 kilometers from Tokyo’s central business district. Akishima City provides a base to support a vast distribution area encompassing Tokyo’s city center, northern Kanagawa and southern Saitama, according to Masato Miki, co-president of Japan for ProLogis.The property, to be called ProLogis Park Akishima, offers exceptional access to Route 16, Chuo Expressway and Ken-Oh Expressway, as well as the Akishima commuter station. ProLogis will maintain current lease agreements with existing customers in the park — 3A Logistics, a subsidiary of K.R.S. Co. and one of the largest food distributers in Japan; Kokubu Co. Ltd., the largest food wholesaler in Japan; and FamilyMart Co., Ltd., one of the major convenience store chains in Japan. The portfolio was purchased from a major real estate company in Japan that invests in residential, commercial and office markets. ProLogis’ Japan portfolio totals 37.1 million square feet of industrial space owned, managed or under development.<\/p>\n","protected":false},"excerpt":{"rendered":"

ProLogis Japan Properties Fund II has acquired a $65 million portfolio near Tokyo, it has reported. The deal includes three buildings totaling 300,000 square feet, all fully leased to three separate Japanese companies, located in Akishima City, a logistics hub approximately 50 kilometers from Tokyo’s central business district. Akishima City provides a base to support…<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825],"tags":[],"class_list":["post-1003873331","post","type-post","status-publish","format-standard","hentry","category-finance"],"acf":[],"yoast_head":"\nProLogis Takes 300,000 SF near Tokyo - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/prologis-takes-300000-sf-near-tokyo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ProLogis Takes 300,000 SF near Tokyo\" \/>\n<meta property=\"og:description\" content=\"ProLogis Japan Properties Fund II has acquired a $65 million portfolio near Tokyo, it has reported. The deal includes three buildings totaling 300,000 square feet, all fully leased to three separate Japanese companies, located in Akishima City, a logistics hub approximately 50 kilometers from Tokyo’s central business district. 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