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Prologis Unveils Plans for Facilities in Japan

Industrial real estate investment trust Prologis Inc. disclosed that it will develop three inventory logistics facilities in Japan. These facilities will span 3.2 million square feet of space and offer its clientele central distribution to Tokyo and the neighboring metropolitan area.

Among the three facilities, one will be at Prologis Park Chiba New Town and span 1.4 million square feet. It will be positioned alongside the National Highway No. 464 and offer good accessibility to the Narita International Airport.

The other facility will be at Prologis Park Yoshimi near the Ken-O Expressway and total 1.1 million square feet of space. The third facility will include 695,000 square feet of space at Prologis Park Narashino 5. Notably, Narashino serves as a distribution hub for e-commerce clients.

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