New Logistics Facility Development Launch: Iwate Shiwa Project by CRE Corporation

CRE Corporation Announces Development of Iwate Shiwa Project

On April 10, 2026, CRE Corporation, led by President and COO Tadahide Kameyama, announced the commencement of the Iwate Shiwa Project, a new logistics facility being developed in Shiwa Town, Iwate Prefecture. This marks CRE's second logistics facility development project in the Tohoku region, which includes Aomori, Iwate, Miyagi, Akita, Yamagata, and Fukushima Prefectures. The company aims to commence construction in April 2027, with a targeted completion date of June 2028.

Project Overview

Facility Name

Iwate Shiwa Project (Tentative)

Location

Shiwa Town, Iwate Prefecture, Inatofu Masugata

Site Area

35,543.43 sqm (10,751.88 tsubo)

Primary Use

Warehouse (for storage business)

Structural Size

Standard warehouse - Steel frame single-story
Dangerous goods warehouse - Steel frame single-story (2 buildings)

Planned Gross Floor Area

19,321.08 sqm (5,844.62 tsubo) (anticipated)
Standard warehouse: 17,363.08 sqm (5,252.33 tsubo)
Dangerous goods warehouse: 1,958.00 sqm (592.29 tsubo)

Start of Construction

Planned for April 2027

Completion

* Planned for June 2028

Location Advantages

The Iwate Shiwa Project is strategically located just 200 meters from the Shiwa Interchange on the Tohoku Expressway, ensuring excellent access to the highway network. It is also within a 30-minute drive from the center of Morioka City, enhancing its proximity to consumer areas. This advantageous positioning allows the facility to serve as a regional distribution hub, covering the entire northeastern area, including Aomori and Akita, which is essential for improving delivery efficiency and building a robust logistics network.

Furthermore, the site is situated in a low-risk zone for water and landslide disasters, providing a safe operational environment during emergencies and ensuring business continuity (BCP).

Planned Buildings

The Iwate Shiwa Project will feature a single-story standard warehouse (17,363.08 sqm) along with two dangerous goods warehouses (totaling 1,958.00 sqm). The plan outlines a multi-tenant logistics facility with a total area of 19,321.08 sqm (5,844.62 tsubo). The design integrates standard and dangerous goods warehouses for seamless operational handling of diverse stored items. Each building will have dedicated truck yards, allowing for individual use while enhancing operational versatility.

To accommodate drivers effectively, 16 large truck waiting spaces are planned, alongside a truck berth that can support simultaneous access for 36 large trucks, optimizing the inbound and outbound operations. Additionally, 118 parking spots for passenger vehicles will enhance commuting convenience for employees.

The basic specifications for the warehouse include a floor load capacity of 1.5 tons per sqm and a clear height of over 5.5 meters. The standard warehouse is designed for potential subdivision into four separate units, improving storage flexibility. By utilizing a single-story structure, the facility eliminates the need for vertical transportation equipment typically required in multi-story buildings, thus enhancing storage efficiency and minimizing operational delays.

About CRE Corporation

CRE Corporation operates under the slogan, "Creating a Future Connected." It provides a wide range of logistics real estate services, including development, tenant leasing, asset management, and property management. Building on its portfolio of 37 logistics facilities branded under “LogiSquare,” with a total developed area of approximately 1.38 million sqm (around 420,000 tsubo), the company is currently advancing 9 additional projects totaling about 380,000 sqm (around 120,000 tsubo).

With one of the largest management scales in the logistics real estate sector in Japan, CRE manages around 1,500 properties totaling approximately 6.85 million sqm (about 2.07 million tsubo), focusing primarily on logistics real estate. By leveraging its long-standing relationships with various tenant businesses and insights gained from over 60 years in logistics real estate management, CRE tirelessly develops versatile facilities that effectively meet tenant needs while enhancing user convenience.

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Conclusion

CRE Corporation's development of the Iwate Shiwa Project signifies a significant investment in the Tohoku region's logistics infrastructure. With its strategic location, robust design, and commitment to high standards, this facility is poised to enhance the regional supply chain and foster economic growth.