The transaction marks the largest ever single-asset logistics transaction in the greater Fukuoka market. The investment was executed by Heitman on behalf of its funds under management and Heitman’s strategic capital partners Mitsubishi HC Capital Realty Inc. (“Mitsubishi HC Capital Realty”) and SMFL MIRAI Partners Company, Limited (“SMFL MIRAI Partners”), which is a strategic subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited. 

The cutting-edge facility comprises 17,676 tsubo (628,968 square feet) in leasable space across the North and South wings. Designed for optimal efficiency, the property features pillarless truck berths for side-by-side loading to reduce waiting times. The facility is CASBEE A certified with sustainability features, including more than 6,200 solar panels that are expected to generate more than 4,400,000 kWh of renewable electricity each year.  

You can now read the full press release at the link below