Cushman & Wakefield Acquires LF Kobe Yasakadai in Kobe City

Cushman & Wakefield (NYSE: CWK), a leading global real estate advisory firm, announced today that Cushman & Wakefield Asset Management K.K. (CWAM), has acquired "LF Kobe Yasakadai" and has been entrusted to provide asset management services for the logistics facility located in Kobe, Hyogo Prefecture.

Accessibility

LF Kobe Yasakadai is located within the Kobe Distribution Centre, a concentration of logistics facilities about 1.6 km from the “Fusehata” interchange on the Kobe-Awaji-Naruto Expressway, making it an excellent location for a distribution base providing easy access to Kobe City and other parts of western Japan. The location is also advantageous in terms of attracting talent and growing a workforce for the facility with the surrounding area being residential within walking distance of “Sogo Undo Koen” Station on the Kobe Municipal Subway Seishin-Yamate Line.

Features of the Facility

LF Kobe Yasakadai is a four-storey logistics facility with total floor area of approximately 19,000 sqm. It has a pillar span of over 10m, effective height of 5.5m, floor load capacity of 1.5 t/sqm, and is equipped with two cargo lifts and vertical conveyors. It has high cargo storage capacity, is well-shaped with easy loading/unloading features, providing very efficient space for tenants.

Focus on Sustainability

LF Kobe Yasakadai" is an advanced logistics facility featuring a Comprehensive Assessment System for Built Environment Efficiency (CASBEE) A Rank Certification. There are plans to install a power generation system on its roof, which will enhance its operations, making it a sustainable logistics facility.

Yoshiyuki Tanaka, Senior Executive Director, Capital Markets, CWAM said, “We are very pleased that we have been trusted to manage the LF Kobe Yasakadai facility. The property is ideally located as a distribution centre in western Japan and is a high-quality, versatile, and relatively new logistics facility. The development as well as management of logistics facilities are important components of our investment strategy. By staying close to our clients’ needs and ensuring stable operations, we will continue to contribute to revitalizing local economies, creating jobs, and providing solutions that drive the logistics industry forward."

C&W's logistics facility development

The "LF" series, which stands for Logistics Facility, is a brand of logistics facilities managed by Cushman & Wakefield.

Property Overview

Facility Name: LF Kobe Yasakadai
Location: 4-1-2 Yasakadai, Suma-ku, Kobe City, Hyogo Prefecture
Land Area: 9,313 sqm
Gross Floor Area: 19,045 sqm
Structure: Steel framed, 4 stories
Completion: June 2022
Certification:               CASBEE A Rank

Cushman & Wakefield’s Logistics Facilities

Cushman & Wakefield is proud to manage a series of “LF” [Logistics Facilities] branded properties across Japan. For more details, please visit this website: https://lf-series.com

Other developments include:

* Facility names are tentative. The indicated area sizes are planned.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.