CBRE Investment Management continues expansion in Japan

CBRE Investment Management has acquired a 69,045-square-meter (743,194-square-foot) parcel of land in Tokyo on behalf of the CBRE Asia Value Partners VI fund.

The fund plans to develop the site into a modern logistics facility, which will be known as the Katsushika Logistics Center. The development aligns with growing demand from Tokyo’s expanding last-mile logistics community. The multi-tenant facility will feature ample parking and loading dock spaces, approximately 18-foot ceiling heights across all floors, air conditioning, and a two-sided ramp allowing transportation access to all stories of the building. The site offers convenient access to several major thoroughfares, including the Metropolitan Expressway, Tokyo Municipal Road 318 (Ring Route 7), and Tokyo Outer Ring Road linking the proposed facility to the key metropolitan districts of the Greater Tokyo area.

“We are delighted to have completed on this acquisition as we continue to broaden our reach acro