Construction work on the $35m LogiSquare Atsugi I located in Kanagawa, Japan commenced in Q2 2022. It was announced in Q4 2020.
The project involves the construction of a five-story, logistics facility with a floor area of 18,236.45m2 on 0.99ha of land in Aiko-gun, Kanagawa, Japan.
The project includes the following:
1. Construction of warehouses2. Construction of storage facilities3. Construction of loading and unloading facilities4. Installation of electrical systems5. Installation of safety and security systems.6. Installation of two luggage elevators
Construction on the project, spread across 1 hectares, is expected to be completed by Q1 2023.
Owners of the project include Japan-based CRE.