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ESR to develop $1.5b multi-phase logistics park in Greater Osaka
Transactions - MARCH 3, 2022

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ESR to develop $1.5b multi-phase logistics park in Greater Osaka

by Released

ESR Cayman Ltd. has announced its latest multi-phase logistics development in Greater Osaka, building ESR Kawanishi Distribution Center on a 505,647-square-meter (5.4 million-square-foot) prime site in Japan’s Kawanishi City to further expand its strategic network of institutional-grade New Economy real estate in the metropolitan area.

ESR Kawanishi DC is a two-phase development located in the eastern Hyogo Prefecture of Kawanishi City, sitting at the core of the Greater Osaka Inland logistics market. Phase 1 will consist of two six-story multitenant facilities with gross floor area of 99,051 square meters (1.07 million square feet) and 98,746 square meters (1.06 million square feet), respectively.

The facilities, which are designed to attain CASBEE A rating and the highest standards of building specifications, will feature a host of sustainability and energy-saving elements to minimize environmental footprints. Phase 1 is expected to break ground in July 2023

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