Prologis has signed a build-to-suit agreement for a 281,400 square foot (26,100 square metre) logistics facility in Sendai, Japan.
The facility will be located at Prologis Park Sendai Izumi Center and will serve as the regional distribution centre for a major third-party logistics provider in Japan.
"Demand for modern, well-located facilities in our global and regional markets remains strong as companies look to optimise their distribution networks," says Mike Yamada, president, Prologis Japan. "We are well-positioned to meet these needs by providing modern, Class-A logistics facilities."
Prologis has approximately 33.4 million square feet (3.1 million square metres) of logistics and distribution space in Japan.