"Hitachi Transport System is one of our largest customers in both Japan and across the globe," said Mike Yamada, co-president for ProLogis in Japan, in a statement. He said the agreement is the 15th lease between the two companies.
Hitachi is operating the build-to-suit as a regional distribution center for the Aeon Group, a Japan-based provider of retail and financial services. The company operates 11,000 retail stores throughout Asia, including the Jusco, MaxValu and Ministop chains.
The new facility is part of the 18-acre ProLogis Parc Kiyama, in Kiyama City. ProLogis broke ground on it this week and expects to complete it by the end of this year or early next year.
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