CBRE announced today the completion of a logistics center project for Alps Logistics Co., Ltd. (hereinafter "Alps Logistics"). Alps Logistics specializes in integrated logistics services for electronic components and works with businesses across the globe. For this new logistics center, CBRE brokered the land purchase and also assisted in developing the new warehouse.
In June 2017, Alps Logistics contracted CBRE to provide brokerage services for their new logistics center and advisory services associated with the center's development. The new center would consolidate Alps Logistics' facility in Saitama Prefecture. When selecting a suitable location, CBRE's priority was to help Alps Logistics find a site that would serve its growing business and capabilities. CBRE also focused on areas with easy access to other centers, making operations more efficient. In May 2018, CBRE's recommendation of a site in Kazo was deemed the perfect location to build a new five-story warehouse. Today this warehouse serves as Alps Logistics' gateway to the north Tokyo Metropolitan area.
"CBRE provided us with comprehensive services whilst developing our new center. They understood our needs and situation, coordinated scheduling, identified solutions to various problems, especially related to the farmland which we purchased for the new center, and offered advice on logistics development," said Koji Fukiyama (Managing Director, General Manager of Business Division, Alps Logistics). "Thanks to CBRE's support, we were able to build a high-quality warehouse that acts as a cornerstone for our domestic transportation network. We truly appreciate CBRE's involvement in this project."
Hirotaka Matsubara (Senior Consultant, Industrial & Logistics, Advisory & Transaction Services, CBRE) also commented, "While there are many multi-tenant logistics facilities available, most of them are only suited for general purposes. For this project, as the needs of the client were very specific, it was more fitting for the client to buy land and build their own warehouse from scratch. Using our extensive network, we offered information about numerous potential sites. We proposed a site where land costs were kept to a minimum, and this was agreed upon by the client. Consequently, we succeeded in offering a solution that best matched the client's business strategy."
Project Outline
CBRE Departments in Charge:
Industrial & Logistics, Advisory & Transaction Services
Investment Properties, Capital Markets
Contract Name of Customer:
Alps Logistics Co., Ltd.
Facility Name:
Kazo Branch Office
Location:
110 Kitaokuwa, Kazo, Saitama
(5-minute drive from Kazo IC on Tohoku Expressway)
Facility Opening Date:
May 1, 2018
Site Area:
Approximately 10,600 tsubo
Structure and Scale:
RC structure, 5 stories above ground
Total Floor Area:
Approximately 5,000 tsubo
Entrusted Business:
Advisory services for logistics center development (converted farmland to a building site); brokerage services for purchase of land.
ABOUT CBRE GROUP, INC.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
Please visit our global website at www.cbre.com or our Japan office website at www.cbre.co.jp/en.
Official Twitter account for Japan: @cbrejapan
DISCLAIMER
Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.