CBRE Brokers New Facility for Third-Party Logistics Operator Kantsu Co., Ltd.

CBRE announced today that it had brokered the lease contract for Kantsu Co., Ltd.'s (hereinafter "Kantsu") new logistics facility in Hyogo prefecture. Kantsu is a third-party logistics operator that offers logistics and distribution outsourcing services for online shopping and mail order companies, primarily in the Kansai region.

In October 2017, Kantsu contracted CBRE to provide brokerage service for the lease contract of its new logistics facility. Due to its gradual expansion, Kantsu signed several leases over time, totaling approximately 70 percent of the 4th floor of Logiport Amagasaki, a 7-story multi-tenant logistic facility completed in April 2009. Later, Kantsu increased the floorspace to approximately 11,000 tsubo, turning this facility into Kantsu's distribution base, "Kantsu Kansai Shukan Center" ("Kantsu Kansai Main Center").

When brokering the lease, CBRE successfully conducted negotiations to ensure that Kantsu had the option to increase the floorspace in phases, allowing Kantsu to match expansion to business growth. This flexibility allowed Kantsu to quickly meet clients' needs, especially when requested for additional services.

Hisahiro Tatsushiro, President and Representative Director of Kantsu, who oversaw the project said, "At first we leased just one floorspace of 2,000 tsubo or so. After that, we received many requests from our clients to help them create a logistics environment that supported future growth. In order to respond to such needs, we consulted CBRE about increasing the floorspace. Despite the challenging situation, CBRE carefully listened to our request and identified a solution. As a result, we signed a lease for a 11,000 tsubo space. We greatly appreciate CBRE's support."

Satoshi Doi (Director, Industrial & Logistics, Advisory & Transaction Services, CBRE Kansai Branch) also commented, "Through past leasing and property management projects, we had built a relationship of trust with the facility owner. This allowed CBRE to propose better solutions that addressed the unique needs of this third-party logistics (3PL) operator, and ultimately led to the closure of the deal. CBRE will use this experience to continue to provide diversified services that contribute to solving clients' needs and challenges."

Project Outline

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