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Cushman & Wakefield completion of LF Kazo in Saitama

27/06/2024

Cushman & Wakefield (NYSE: CWK), a leading global real estate advisory firm, announced today that Cushman & Wakefield Asset Management K.K. (CWAM), has completed the construction of LF Kazo, a logistics facility located in Kazo City, Saitama Prefecture. The completion ceremony, held on June 12, 2024, was attended by Kazumitsu Tanaka, President for Sanesu Kensetsu Co. Ltd; Yoshiyuki Tanaka, Senior Executive Director, Capital Markets, CWAM; and other related parties.  

“We are very pleased to announce the successful completion of LF Kazo. We consider Kazo City, Saitama Prefecture, an area with high potential, offering good access to both the Tokyo metropolitan area and the northern Kanto region of Gunma, Tochigi and Ibaraki. We believe that the operation of this facility, with its excellent location and high versatility, will greatly contribute to revitalizing the local economy, creating jobs, and solving problems in the logistics industry,” said Yoshiyuki Tanaka.

 

外観写真

Accessibility

LF Kazo is located approximately 5.1 km from the Hanyu interchange and 5.8 km from the Kazo interchange on the Tohoku Expressway. This strategic location on the expressway offers excellent access the entire Tokyo metropolitan area, providing convenient transportation links for wide-area deliveries. In addition, its proximity to  the Kazo Otone Industrial Park allows for 24-hour operations. From an employment perspective, there are approximately 290,000 workers within a 30-minute radius of LF Kazo.

 

Features of the Facility

LF Kazo is a two story, box-type logistics facility with a total floor area of 27,000 sqm. It has a pillar span of 11 m (frontage) x 10.5 m (depth), an effective height of 5.5 m under the warehouse beams, a floor load capacity of 1.5 t/m sqm and is equipped with four cargo lifts and vertical conveyors. 

Tenants can lease the entire building or as two units, with the structure designed without bracing to allow for a high degree of flexibility in tenant layout. Taking advantage of the generous building-to-land ratio throughout the project, a highly circuitous track flow around the perimeter of the facility was created. There are 107 parking spaces, with 14 large vehicle waiting spaces that can be expanded. The facility has sufficient electrical capacity to accommodate the installation of air-conditioning throughout the warehouse.

 

Exteria3 Trackroad

            Exteria                                                 Warehouse space and truck berths on 1st floor

 

Office Warehouse space on 2nd floor

           Office space                                               Warehouse space on 2nd floor

 

West_entrance East_entrance

         West side entrance                                                    East side entrance    

 

Focus on Sustainability

LF Kazo has obtained a Building-Housing Energy-efficiency Labelling System (BELS) 5-Star, Net Zero Energy Building (ZEB) Ready certifications and Comprehensive Assessment System for Built Environment Efficiency (CASBEE) A Rank. It has also installed a photovoltaic power generation system on its roof, taking advantage of the area's characteristics as one of the sunniest regions in the country, which allows tenants to use green power. 

 

 Property Overview

Facility Name:                      LF Kazo

Location:                              3796-1 Kamihiyarikawa, Kazo, Saitama

Land Area:                           26,729 sqm

Gross Floor Area:                26,792 sqm

Structure:                             Steel framed, 2 stories above ground

Commencement:                 April 2023

Completion:                         May 2024

Certification:                        CASBEE A Rank (new construction), BELS 5 Star, ZEB Ready certification

Design and construction:    Sanesu Kensetsu Co., Ltd.

Construction manager:        AQA Inc.

 

Please click here for more details about LF Kazo.

https://lf-series.com/property/lf-kazo/

 

Cushman & Wakefield’s Logistics Facilities

Cushman & Wakefield is proud to manage a series of “LF” [Logistics Facilities] branded properties across Japan.

 

Other developments include:

Facility Name

Location

Land Area
(approx. | sqm)

Gross Floor Area

(approx. | sqm)

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

 * 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 External Link  @CushWake External Link 

 

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Cushman & Wakefield has announced the beginning of the construction of LF Tsukuba, a multi-tenant logistics facility in Tsukuba City, Ibaraki Prefecture. Cushman & Wakefield Asset Management K.K. held the groundbreaking ceremony for the facility last Thursday, March 24, 2022.

29/03/2022

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