Tokyo, February 29, 2024 - Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced today that Cushman & Wakefield Asset Management K.K., has signed an agreement with the town of Ando-cho, Ikoma-gun, Nara Prefecture regarding the use of LF Nara’s facilities for emergency evacuation in the event of a disaster.
Yasuhiro Nishimoto, Mayor of Ando-cho (right) and Yoshiyuki Tanaka, Senior Executive Director of CWAM (left) at the signing ceremony
Under the agreement, in the event of a flood or other disaster or the threat of a flood, LF Nara will work together with the town of Ando-cho to help ensure the safety of the town’s residents by providing the cafeteria, storage space, parking areas and other suitable areas within its facilities as temporary emergency evacuation sites.
Yoshiyuki Tanaka, Senior Executive Director, Capital Markets, Cushman & Wakefield Asset Management K.K. said,
"We are very honored to conclude this agreement and establish a system where LF Nara can serve as an emergency evacuation facility in the town of Ando-cho. This agreement reaffirms our commitment to support and contribute to the safety of the local community.”
Facility Features
LF Nara is located approximately 1.5 km from the Yamato Mahoroba Smart Interchange on the Nishi-Meihan Expressway and approximately 3 km from the Horyuji Interchange on the same expressway, providing excellent access to major cities in the Kinki region. The four-story building with a total floor area of 124,000 square meters on a 58,000 square meter site is the first multi-tenant advanced logistics facility in the Nara Prefecture. Double rampways allow 45-foot container trucks to directly access each floor, contributing to the establishment of efficient logistics operations. The tenant compartment can accommodate up to 16 tenants, with a minimum floor area of approximately 2,000 tsubo and a maximum area of approximately 8,000 tsubo per floor, to meet various tenant needs. Amenities include a cafeteria, restrooms, and stores in the common areas, providing a convenient and comfortable environment for facility users.
LF Nara Exterior
Common areas in the facility that will serve as emergency temporary shelters
Roadway Roadway (Rampway)
Lounge Cafeteria
Interior and exterior designed to harmonize with the neighborhood environment
LF Nara" won a special award in the new construction category of the 26th Good Painting Color, an environmental color competition sponsored by the Japan Paint Manufacturers Association (JPCA). The following is the evaluation for the award:
The facade has a large opening to let in light with views of the surrounding area. The neatly designed L-shaped openings and horizontal rows of windows are accented with dark blue as the key color of the "LF" series, in order to create a distinctive appearance of the building. The exterior walls of the warehouse are designed to blend in with the neighborhood environment by using a gradation of bright colors from the ground to the sky in a pattern that reflects its surroundings. This harmonizes with the rich natural environment of the town of Ando-cho, located in the ancient capital Nara.
Good Painting Color Award Ceremony
Sustainability Initiatives
LF Nara embraces sustainability and has acquired the CASBEE A rank certification (Comprehensive Assessment System for Built Environment Efficiency and Efficiency), BELS 5 Star certification (Building Energy Efficiency and Leasing System), ZEB (Zero Energy Building) Ready certification. The facility has also installed solar power generation equipment on the roof and a 24-hour emergency power generator.
Cushman & Wakefield's planned development facilities include:
|
Facility Name |
Location |
Land Area |
Gross Floor Area |
Commencement |
Completion |
|
LF Nara |
Ikoma-gun, Nara |
58,000 |
124,000 |
Dec 2021 |
Mar 2023 |
|
LF Nara ANNEX |
Ikoma-gun, Nara |
19,000 |
37,000 |
May 2022 |
Jul 2023 |
|
LF Tsukuba |
Tsukuba City, Ibaraki |
30,000 |
71,000 |
Apr 2022 |
Jul 2023 |
|
LF Kazo |
Kazo City, Saitama |
27,000 |
27,000 |
Apr 2023 |
May 2024 |
|
LF Sakai-koga |
Sakai Town, Ibaraki |
50,000 |
113,000 |
Jul 2023 |
Jan 2025 |
|
LF Yatabe |
Tsukuba City, Ibaraki |
36,000 |
80,000 |
Aug 2023 |
Jan 2025 |
Property Overview
Facility Name: LF Nara
Location: 367-10 Okasaki, Ando, Ikoma District, Nara
Land Area: 58,159.28 sq m
Zoning: Semi-industrial area
Gross Floor Area: 124,874.98 sq m
Structure: Steel-framed, 4 stories
Commencement: December 2021
Completion: March 2023
Certifications: CASBEE A rank (new construction), BELS 5-star ZEB Ready
Design and construction: Obayashi Co., Ltd.
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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
