Warburg Pincus, through the Warburg Pincus Asia Real Estate Fund (WPARE), has committed to acquiring two prime logistics properties – I Missions Park Inzai (IMP Inzai) and Logitres Sano from Mitsui Fudosan Logistics REIT through a bridge financing structure. The total transaction value is approximately $240 million.
Located in key logistics hubs within Greater Tokyo, the two properties are modern, fully leased facilities with strategic connectivity and high specifications tailored to ecommerce and third-party logistics operations.
IMP Inzai is a five-story, purpose-built logistics facility completed in 2018, with a total gross floor area of 110,516 square meters (1.2 million square feet). It is fully leased to a major ecommerce tenant and has been awarded a DBJ Green Building 4-star rating. Strategically located within 40 kilometers (25 miles) of central Tokyo, the property offers excellent logistics connectivity via National Route 16 and the Chiba Kita interchan