ProLogis Inks Tenants at New Industrial Park in Japan
- Feb 29, 2008
ProLogis has leased 730,000 square feet of space at ProLogis Parc Tosu, a major new industrial park being built in Japan’s Saga Prefecture, a key logistics and manufacturing hub for the southeast region. Coca-Cola West Logistics, a group company of Coca-Cola West Holdings, has leased approximately 586,000 square feet of space in a 730,000-square-foot distribution facility located at the park. The balance of the building is leased to Hitachi Transport System, a global provider of third-party logistics services, bringing the first phase of development at the park to 100 percent leased.Both Coca-Cola and Hitachi Transport System are three-continent customers for ProLogis, leasing facilities at locations in North America, Europe and in Japan.ProLogis Parc Tosu is located in the city of Tosu, Japan, near thejunction of several major transportation routes, including the Kyushu Expressway, the Nagasaki Expressway and the Tosu Interchange. The park also offers easy access to the Japan Railway Tosu Station, the Saga Airport and the Fukuoka Airport. ProLogis plans to develop a second building totaling 185,000 square feet later this year.