Prologis begins construction of distribution park near Tokyo

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.'