Mitsubishi Estate Logistics REIT Acquires Additional Interest in Nagoya Minato Logistics Facility via Bridge Fund

Mitsubishi Estate Logistics REIT announced on March 30, 2026, that it had made an additional acquisition of an equity interest in a tokumei kumiai investment held by a bridge fund, MRB1 GK. The additional investment totaled JPY 1,208 million, bringing the REIT’s cumulative investment to JPY 1,928 million, equivalent to 16.7% of the total tokumei kumiai equity contribution. Following the additional acquisition, the bridge fund’s total acquisition amount reached JPY 79.8 billion.

One of the properties held by the bridge fund, Logi Cross Nagoya Minato, is a build-to-suit logistics facility developed by Mitsubishi Estate and completed in October 2024. Located within 10 kilometers of central Nagoya, the property is fully leased to Amazon Japan and maintains 100% occupancy. The four-story steel-frame facility has a Gross Floor Area of approximately 37,540 tsubo (approx. 1,241,050 sq. ft.). It is an environmentally conscious asset equipped with a geothermal HVAC system and wall-mounted solar power generation equipment.

Build-to-suit facilities are developed based on tenant requirements, which helps reduce tenant rollover risk and support stable cash flow. The REIT holds an exclusive negotiation right through March 28, 2029, for the trust beneficiary interest in this property and other assets in the portfolio.

Key Facts

• Property Name:

  Logi Cross Nagoya Minato

• Acquisition Structure:

  Tokumei kumiai equity interest (additional investment)

• Additional Investment Amount:

  JPY 1,208 million (16.7% of the total additional tokumei kumiai equity contribution associated with the acquisition of this property)

• Cumulative Investment Amount:

  JPY 1,928 million (16.7% of the total tokumei kumiai equity contribution)

• Location:

  2-1-2 Shinagawa-cho and others, Minato Ward, Nagoya, Aichi Prefecture

• Nearest Interchange:

  Approximately 3.5 kilometers from the Komei interchange on the Nagoya Expressway Route 4 Tokai Line

• Completion:

  October 2024

• Number of Floors:

  4F

• Gross Floor Area:

  Approximately 37,540 tsubo (approx. 1,241,050 sq. ft.)

• Site Area:

  Approximately 18,860 tsubo (approx. 623,480 sq. ft.)

• Occupancy Rate:

  100%

• Major Tenant:

  Amazon Japan G.K.

• Property Manager:

  Mitsubishi Estate Co., Ltd.

• Exclusive Negotiation Right Expiration:

  March 28, 2029