Logistics provider Prologis said it has begun construction on the first phase of a major new distribution park near Tokyo. Prologis Parc Zama I will be a five-storey, 113,000 m[sup]2[/sup] facility located in the prospering logistics hub city of Zama, about 40 kilometres from Tokyo's city-centre. At full build-out Parc Zama will consist of two facilities totalling over 204,000 m2, making it the company's largest industrial facility in Japan.
Logistics provider Prologis said it has begun construction on the first phase of a major new distribution park near Tokyo. Prologis Parc Zama I will be a five-storey, 113,000 m2 facility located in the prospering logistics hub city of Zama, about 40 kilometres from Tokyo's city-centre. At full build-out Parc Zama will consist of two facilities totalling over 204,000 m2, making it the company's largest industrial facility in Japan.
Parc Zama is being built near a major north-south highway as well as a high-speed motorway connecting Tokyo, Nagoya and Osaka. A nearby commuter train station will provide access to the workforce. Current Prologis customers in Japan include DHL, Nippon Express, Matsushita Logistics, Askul, Hitachi Transport System Ltd., Sanyo Electric Logistics, Seiyu/Wal-Mart, Yamato Logistics, FedEx and Nikon.
Mike Yamada, co-president of Prologis in Japan, commented: 'Due to the scarce supply of modern facilities for lease and land parcels available within Tokyo proper, the Zama submarket has emerged as a major logistics hub serving consumers throughout the metropolitan area as well as central Japan. Zama is home to a large number of leading multinational manufacturing companies and suppliers of third-party logistics services -- a clear reflection of its prime location. We are confident that our new park will attract top-tier customers throughout the country, and will become a flagship development for Prologis in Japan.'