#Japan #Yamato #Logistics Facility #Miyagi Project #CRE Company

Introduction

In an exciting new development for logistics in Japan, C.RE Company has announced the commencement of the Miyagi Yamato Project, which aims to establish a state-of-the-art logistics facility in Yamato Town, Miyagi Prefecture. This initiative marks C.RE’s first logistics facility project in the Tohoku Region, which includes Aomori, Iwate, Miyagi, Akita, Yamagata, and Fukushima prefectures. The anticipated groundbreaking for this facility is set for the summer of 2027, with completion targeted for the summer of 2028.

Project Overview

The logistics facility, provisionally named the Miyagi Yamato Project, will be located on a site spanning approximately 9,995 square meters (or about 3,023.48 tsubo). Although specific details regarding the building's structure and total floor area are yet to be determined, this facility will be designated primarily for warehouse use.

Location Benefits

The project site is strategically situated within the Daiichi Sendai North Core Industrial Park. This industrial area is operational around the clock, ensuring that businesses utilizing the facility can run 24/7. The location boasts excellent accessibility, being roughly 1.7 km from the Ohiwa Interchange on the Tohoku Expressway, 4.5 km from the Yamato Interchange, and about 5.5 km from National Route 4. This advantageous positioning enables the facility to serve as a logistical hub for the broader Sendai metropolitan area and the entire Tohoku region.

Surrounding the proposed development site, various industrial parks such as the Dai-ni Sendai North Core Industrial Park and the Yamato Logistics and Industrial Park enhance the project's potential by fostering efficient supply chain collaboration among tenant companies.

Safety and Stability

Moreover, the selected site holds a significant advantage in terms of risk management. According to hazard maps, the area is characterized by a very low risk of water and landslide disasters, contributing to a resilient and sustainable environment for continued operations.

C.RE Company Overview

Founded in December 2009, C.RE Company has positioned itself as a leader in logistics real estate. The corporate slogan, “Creating a Connected Future,” reflects its commitment to providing a comprehensive suite of logistics-related services. These services encompass everything from the development of logistics properties and tenant leasing to asset and property management post-construction.

The company has developed a distinctive logistics facility brand, LogiSquare, which currently boasts 36 properties encompassing a total floor area of approximately 1.37 million square meters (about 410,000 tsubo). C.RE is also progressing with the development of 8 additional properties, totaling around 360,000 square meters (about 110,000 tsubo).

In terms of property management, C.RE ranks among the top companies domestically with a sizable portfolio of approximately 1,500 properties, managing around 6.71 million square meters (approximately 2.03 million tsubo) of logistics real estate through master leasing and property management practices.

C.RE's long-standing experience of over 60 years in managing logistics real estate equips the company with invaluable insights and expertise, ensuring that it continuously delivers high-functionality and versatile logistics facilities that meet tenant needs. The company's proactive approach aims to develop logistics facilities not just in the metropolitan area but throughout ideal locations across the country.

Conclusion

The Miyagi Yamato Project represents more than just an expansion of C.RE Company; it symbolizes a crucial advancement in the logistics infrastructure within the Tohoku Region. As the project develops towards its groundbreaking and eventual completion, it will likely serve as a catalyst for enhanced logistics operations and business growth in the area.

For more information about C.RE and the upcoming Miyagi Yamato Project, visit their websites at CRE Company and LogiSquare.