In February, Cabot Properties acquired a 220,608-square-foot, multistory logistics warehouse in Minoh City, Osaka — its first investment in Japan. The transaction marks the firm’s strategic entry into one of the world’s most liquid and supply constrained industrial markets. In an exclusive interview with IREI, Mike McCarthy, co-CIO of Cabot’s Value Fund series, discusses the deal more in-depth, including why the firm views Greater Osaka as a compelling gateway for long-term logistics investment and how the asset aligns with Cabot’s focus on modern, infill facilities near major population centers. He also shares broader insights into the Japanese logistics landscape, highlighting the role of dense urban demand, evolving tenant requirements and the growing influence of ecommerce and third-party logistics operators. McCarthy also explains how Cabot built conviction in the mark
