Pair of Firms Lease 250,000 SF at ProLogis Complex in Japan

ProLogis has signed new lease agreements for approximately 250,000 square feet of distribution space in Osaka, Japan to two third-party logistics providers.Sankyu Inc. has leased approximately 184,600 square feet at ProLogis Parc Osaka II, a distribution facility located at the Port of Osaka. Sankyu currently leases approximately 54,000 square feet from ProLogis at ProLogis Parc Amagasaki.Also at ProLogis Parc Osaka II, Kintetsu World Express  has leased approximately 64,500 square feet. Kintetsu is now occupying approximately 209,000 square feet of ProLogis’ facilities in locations across Japan, China and in the United States.”Our portfolio of industrial properties around the Port of Osaka continues to attract leading Japanese companies looking to maximize the efficiency of their supply chain operations,” Mike Yamada, co-president of Japan for ProLogis, said in a release. “We are pleased to increase our business with both Sankyu and Kintetsu at ProLogis Parc Osaka II.”ProLogis Parc Osaka II is an eight-story, 1.8 million-square-foot distribution facility. Other customers at the park include Daikin Industries, Hamakyorex, Flobal Corp. and Vantec Corp.