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Save the date! ULI Japan Summer Conference 2011 - (30/03/2011)






Save the Date!

ULI Japan

Summer Conference








Thursday, July 7


Tokyo Midtown

Hall & Conference





Registration begins in early April!

If you’d like to register early or see the program, click here!

+ IIF completes purchasing IIF Saitama Logistics Center in Saitama, Japan - (25/03/2011)

Industrial & Infrastructure Fund Investment Corporation (IIF) announced on 24 March 2011 that it completed purchasing IIF Saitama Logistics Center in Saitama City, Saitama Prefecture, Japan.

Source: IIF (Edited and translated by Bear Logi)

+ IIF completes purchasing IIF Atsugi Logistics Center in Atsugi, Japan - (23/03/2011)

Industrial & Infrastructure Fund Investment Corporation (IIF) announced on 22 March 2011 that it completed purchasing IIF Atsugi Logistics Center in Atsugi City, Kanagawa Prefecture, Japan.

Source: IIF (Edited and translated by Bear Logi)

+ TOTO is to temporarily use Yachiyo Logistics Center in Yachiyo City , Chiba Prefecture, Japan - (23/03/2011)

Japan Logistics Fund, Inc. announced on 18 March 2011 that it concluded a lease contract with TOTO Ltd. on its Yachiyo Logistics Center located in Yachiyo City, Chiba Prefecture. The details are as follows:


Tenant: TOTO Ltd.

Business: Sanitary ware manufacturing

Leased are: 17,689.95 m2

Occupancy ratio in total leasable area: 100%

Contract term: From 18 March 2011 to 30 April 2011

Cargo: Household equipment


Source: Japan Logistics Fund, Inc. (Edited and translated by Bear Logi)

+ 2011 Japan Earthquake - (16/03/2011)

To all the victims and the families who lost loved ones and who are injured:

Bear Logi would like to express our deepest sympathy for the enormous loss of life and devastation caused by the March 2011 earthquake off the Pacific Coast of Tohoku, Japan and the subsequent Tsunami.

We do hope all of the disaster areas will be recovered and be rebuilt soon.

Below are organizations that are working on relief and recovery in the region.


Japanese Red Cross Society

JapanEarthquake Donation


American Red Cross

Japan Earthquake and Pacific Tsunami

Yahoo! US
Japan earthquake and tsunami: How to help
Apple (To be donated to American Red Cross)
iTunes for Japan relief fund
facebook (To be donated to American Red Cross)
Help Japanese Earthquake and Tsunami Victims
Japan Earthquake and Tsunami Relief
Lady Gaga Japan Earthquake Relief Wristband

Mobile Giving Foundation
music for relief

Japan Earthquake & Tsunami Relief

+ Senko opens a new logistics facility in Toda, Saitama to strengthen logistics service in the greater Tokyo - (10/03/2011)

On 8 Mar. 2011, Senko Co., Ltd. announced that it opened “Shin Toda PD Center” in Toda City, Saitama Prefecture.

In order to expand its business and improve its competitiveness, Senko had scrap-and-build redevelopment on its 3 terminals (GFA 9,630m2) and opened “Shin Toda PD Center” on the same premise.
“Shin Toda PD Center” is a large logistics hub with 6-story above ground and about 19,000m2 of GFA.

The new center has high ceiling height and low ceiling height area and is flexible to any form of cargo stored and any type of work like distributive processing. Further, a wide variety of cargo equipments has been introduced to improve the productivity.

In order to even improve its delivery function with good access to Shuto Expressway No. 5 and Tokyo-Gaikan Expressway, the center has 51 berths in total on the north and south sides to get trailer or large-sized vehicle easily stop at the berth.
Moreover, it makes consideration on harmony with the environment with power-saving lighting facility design and partial rooftop gardening.

Facility Overview
Name: Shin Toda PD Center

Location: 1-6, Hayase, Toda City, Saitama Prefecture
     5 min. from Toda-minami Exit of Shuto Expressway No.5, 
10 min. from Toda Exit of Tokyo-Gaikan Expressway

Site area: 9,747 m2 (2,949 tsubo)

Structure: Steel structure, 6-story above ground (warehouse is 5-story)

Total floor area: 18,986 m2 (5,745 tsubo)

No. of berth: 51 (27 on the north side, 24 on the south)

Cargo equipments: vertical lift x4, cargo elevator (4t) x1 and climbing leveler x1

Completion date: 28 Feb. 2011

Opening day: 8 Mar. 2011

Source: Senko

+ Kintetsu Express established new Corporation in Shanghai bonded area - (04/03/2011)

On 28th Feb Kintetsu World Express has announced that the new company had been established in Binko export processing area located in South West of Shanghai, as a pioneer in Japanese logistic companies. They commenced their operation from Feb 9.

In Shanghai South West area, the further development is being expected because a lot of major Japanese electronic, automobile, and medical equipment companies as well as related American medical companies otherwise European automobile industries have already moved in that area.

Kintetsu Express established the bonded logistic facilities particularly to handle the air cargo, custody, transport processing, delivery and its related service. 

They have been accumulated the know-how of Chinese bonded logistic service since their Shenzhen project had been incorporated in 1995. 

The project in china is positioned as the core in the Asian market strategy of their mid-term management plan(2010-2012).

They have been trying to expand their service by founding each corporation on three other bonded area and trade processing area in China in this fiscal year.

kintetsu express

Overview of newly established company


Shanghai Fengxian Kintetsu Logistics Co.,Ltd.


Bonded logistic service in Binko export processing area


No.557, No.3111 Huan Cheng Xi Road, Feng Xian District Shanghai, P.R. CHINA


Hisamitsi Inamura

Warehouse area

5,903m2 (partly air-conditioning available)

Source: Kintetsu Express (Translated by Bear Logi)

+ 100% operating rate/ORIX JREIT logistic facilities - (02/03/2011)

ORIX JREIT Inc. has announced its logistic facilities operating rate as 100%


Operating rate(%)

Total leasable area(m2)




Operation office















On the other hand, the number of property counts 54 (two more than the last month), and the tenant becomes 406 (seven more than the last month) 

Source: ORIX JREIT news

+ Orix Real Estate completed Ichikawa logistic center in Chiba - (01/03/2011)

On 28th Feb Orix Real Estate Corporation announced that they had completed their Ichikawa Thidori-cho logistic center in Chiba.

Land area: 33,567.28m2

Structure: 4 stories/SRC(partly steel frame)

Floor space: 72,035.56m2

Features: one of the largest multi-tenants type logistic facilities


-         approx. 0.6km from Thidori-cho capital freeway interchange

-         approx. 20km from JR Tokyo station

-         approx. 25km from Haneda international airport

-         approx. 29km from Oi container wharf

which is able to cover Tokyo metropolitan area that includes Tokyo, Chiba, Kanagawa, Saitama.

The remarkable point would be the location. In spite of 24 hours-operation-able exclusive industrial zoning, it is also convenient for the nearest JR station Ichikawa Shiohama in 10 minutes on foot, 0.8km that enables the tenants to ensure the part-time-workers.

The track berth is available on both side on the 1st floor, one side on the 3rd and 4th floor. In addition to that, the maximum effective height under beam has been set on 6.9m realizes the increase of the available space in the facilities.


-         approx. 0.6km, five minutes by car from the Thidori-cho Interchange on the Wangan line capital freeway.

-         approx. 0.8km, ten minutes on foot from the JR Keiyo station Ichikawa Shiohama.

Land area: 33,567.28m2

Floor area: 72,035.56m2

Construction: 4 stories, SRC (partly Steel-framed fire protection)

Property overview:


Point of Contact:

Nagai or Nakamura at President's Office, Orix Real Estate Corporation

Tel: +81-(0)3-3435-3411


Source: ORIX Real Estate Corporation

+ Japan Logistics Fund has signed a lease contract with Trancom - (01/03/2011)

On 28th Feb Japan Logistics Fund Inc. and asset management company, Mitsui & Co., Logistic Partners Ltd. have announced that they made a lease contract of its Kisaimachi logistic center located in Saitama with Trancom., Ltd.

The leased area came to 6143.60 m2 which is one fourth of the total leasable area. As a consequence the Trancom’s leased area reached 100% of the Saitama Kisaimachi logistic center. The contract term will be from March 1st 2011 to May 31st 2012.

Source: Japan Logistics Fund (Edited and translated by Bear Logi)

+ Chiba Prefecture accepts application for its port-related site in the south of Kisarazu - (01/03/2011)

On 21st Feb Chiba Prefecture Enterprise Agency has started to receive application in order of arrival for its port-related site located in the south district of Kisarazu.


Property Overview


Land area

Estimated Price

Mokuzai Port 1



185,000,000 Yen

Mokuzai Port 1-3


174,000,000 Yen


The property existing area is zoned as Semi-industrial area by the Act of urban development, as well as industrial harbor area by the Port and Harbor Act. Therefore the purpose of the land acquisition will be limited for the purpose of factory, otherwise the industrial facilities construction.

That means , it needs to be warehousing or manufacture, which will not be regulated by the Act of Construction Limitation in Chiba Harbor Area.


Some examples for applicable facilities are following:

Maritime transport services, port transport services, warehousing, freight car transport services, cargo carrier, express business, trading business or tourism with its related facilities.



- which is dependent upon the raw material or products transported by the maritime or port services

- food industry

- wood or wooden products

- rubber processed products

- steel industry

- metal processed industry

- machinery industry

- electrical machinery industry

- transportation machinery and its related operational and research facilities.


In addition, although the bank protection at the harbor side is affixed to the property to be transferred, it is not available for mooring ships.


Admission office:

Chiba prefecture Enterprise Agency

Regional Development Division

Department of industry and logistics subdivision

Makunouchi garden Bldg D, 4th floor

1-3 Nakase Mihama-ku Chiba City, Chiba



Source: Chiba Prefecture Enterprises Agency (Edited and translated by Bear Logi)

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