"Hitachi Transport System is one of our largest customers inboth Japan and across the globe," said Mike Yamada, co-presidentfor ProLogis in Japan, in a statement. He said the agreement is the15th lease between the two companies.
Hitachi is operating the build-to-suit as a regionaldistribution center for the Aeon Group, a Japan-based provider ofretail and financial services. The company operates 11,000 retailstores throughout Asia, including the Jusco, MaxValu and Ministopchains.
The new facility is part of the 18-acre ProLogis Parc Kiyama, inKiyama City. ProLogis broke ground on it this week and expects tocomplete it by the end of this year or early next year.
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