Press Release

CBRE Establishes Second Joint U.S. Logistics Investment Program for Japanese Partners

~ Development Project in Georgia Attracts Investments from Hankyu Hanshin Properties, Keihanshin Building, and Nippon Steel Kowa Real Estate ~

June 10, 2025

TOKYO, June 10, 2025 - CBRE Japan, headquartered in Chiyoda-ku, Tokyo, has launched the second "US Industrial Venture (UIV)" program, providing Japanese investors with opportunities in U.S. logistics facility development. This program invests in a logistics project in Buford, Georgia.  Construction for this facility commenced in May 2025 and is slated for completion in September 2026. This initiative follows the UIV1 program announced last fall, which invested in a facility in Chicago.

This second UIV program has received investments from Hankyu Hanshin Properties (Kita-ku, Osaka), Keihanshin Building (Chuo-ku, Osaka), and Nippon Steel Kowa Real Estate (Minato-ku, Tokyo). The investment target is the "Buford Creek Business Center," a logistics facility located in the Atlanta metropolitan area. Atlanta stands as the largest logistics hub in the southeastern United States and the fourth-largest market nationally. The development site is close to Interstate Highways 85/985, a key transportation infrastructure, making it an ideal area for logistics facilities supporting urban deliveries and long-distance freight.

This program series is a collaborative effort, leveraging CBRE's Investment Banking and Asset Management divisions to establish a U.S.-based limited partnership and a Japan-based investment business limited partnership. The program offers comprehensive, one-stop support for Japanese companies' investments by partnering with Trammell Crow Company (TCC), a leading U.S. developer and part of the CBRE Group. With over 77 years of experience and a strong track record in logistics facility development, TCC's extensive expertise is combined with CBRE Asset Management's operational capabilities to execute these joint investment ventures.

The U.S. real estate market, particularly the logistics facility sector, is poised for continued growth driven by structural changes such as supply chain restructuring and sustained demand expansion. The current market environment presents an excellent opportunity for Japanese companies to enter this sector, and CBRE's role as an operator facilitates seamless investment into robust logistics facility developments by top developers.

Through this program, Japanese partners can enter the rapidly growing U.S. logistics real estate market and gain opportunities for stable income generation.

The CBRE Group, in ongoing collaboration with TCC, remains committed to stimulating investment in U.S. real estate, creating attractive and strategic transaction opportunities for Japanese companies, and advancing significant development projects.
 

cbre-establishes-second-joint-us-logistics-investment-program

◆Project Overview


U.S. Atlanta Buford Logistics Facility Development Project
 
Project Name Buford Creek Business Center
Location 3228 Whidby Road, Buford, GA (tentative/ Buford, Georgia, USA)
Land Area 57.696 acres/ approx. 233,500 m²
Total Floor Area 686,400 square feet / approx. 63,800m² (total for 3 buildings)
Structure
Steel frame, single-story

Usage
Logistics facility
Construction Period
Started in May 2025, completion in late 2026

Investors Hankyu Hanshin Properties Corporation
Keihanshin Building Corporation
Nippon Steel Kowa Real Estate Corporation 
Partners Trammell Crow Company (TCC)
TCC is a global commercial real estate development company and a wholly-owned subsidiary of CBRE Group. Established in 1948, TCC has developed or acquired approximately 2,900 buildings valued at $75 billion, with a total area of about 60 million square meters. With over 600 employees across 28 offices in the U.S. and Europe, TCC provides services to users and investors in office, industrial/logistics, residential, healthcare, life sciences, data centers, and mixed-use facilities. www.TrammellCrow.com
CBRE's Role
  • As the asset manager of UIV, entrusted with discretionary investment management
  • Offering investors and companies looking to expand into the U.S. the chance to leverage TCC's development expertise and platform
  • Identifying optimal investment sectors, cities, locations, and sub-sectors, and conducting thorough due diligence on projects
  • Analyzing and explaining differences between U.S. or local market-specific business practices and contract terms compared to Japanese standards
  • Ensuring timely and appropriate decision-making throughout the investment period, with comprehensive reporting from the Japanese side

For inquiries on this project, please contact:

Noboru Hirabayashi 
Executive Director, Investment Banking Division Head, Investment Banking, Capital Markets, CBRE K.K.
Email: [email protected]
Phone: +81-90-9157-4912

Kana Kitahara
Associate Director, Investment Banking, Capital Markets, CBRE K.K.
Email: [email protected]
Phone: +81-80-7937-8274

About CBRE Investment Banking
Investment Banking is the financial services arm of CBRE. The business advises on and structures real estate transactions, via equity and debt, and leverages insights for our clients.

About CBRE Asset Management
CBRE Asset Management serves as a global resource supporting a broad range of owners – including institutions and individuals with commercial real estate assets by providing unique expertise in every aspect of commercial real estate management. We provide services for all three stages of an investment: Acquisition, Holding and Disposition.

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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 2024 revenue). The company has more than 140,000 employees (including 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 website at www.cbre.com.