Tokyu Land Corporation's Logistics Facility "LOGI'Q Ichihara" Completed

Tokyu Land Corporation (Headquarters: Shibuya-ku, Tokyo; President: Tatsume Tanaka; hereinafter referred to as "the Company") and JR West Properties Co., Ltd. (Headquarters: Minato-ku, Tokyo; President: Kensuke Oyama) announce the completion of the new "LOGI'Q Ichihara" (Ichihara City, Chiba Prefecture; hereinafter referred to as "the Property") on April 30, 2026.

The Property is located approximately 5.3km from the Keiyo Road "Soga IC" and approximately 5.8km from the Tateyama Expressway "Ichihara IC," making it a location capable of covering not only the Tokyo metropolitan area but also the entire Kanto region, suitable for wide-area distribution. It is a multi-tenant logistics warehouse with over 35,000 sqm of total floor area, standing 5 stories tall (including a mezzanine office floor). By ingeniously arranging the building, both first-floor double-sided berths and a ramp to the second floor are secured, allowing for diverse needs with a minimum divisible area of approximately 2,260 tsubo (approx. 7,450 sqm), capable of accommodating up to four tenants.

Furthermore, given its development near the Keiyo Coastal Petrochemical Complex, where there is high demand for heavy object storage, the load-bearing capacity of all four warehouse floors has been set at 2t/sqm, which is a distinctive feature, as 1.5t/sqm is common. Additionally, it is a highly rare property that considers the characteristics of the industrial area, such as the introduction of a low-floor berth on the second floor, allowing direct loading and unloading of cargo from trucks using forklifts.

The building plan also incorporates environmental considerations, such as using electricity generated by solar panels installed on the rooftop for a portion of the building's power. It has obtained CASBEE A rank, BELS 6stars, and 'ZEB' certifications.

LOGI'Q Ichihara Exterior

LOGI'Q Ichihara Entrance with rooftop solar panels

■ Property Overview

・Location: 1969-1 Yawata Kaigan-dori, Ichihara City, Chiba Prefecture

・Zoning: Industrial Exclusively Zone

・Main Use: Warehouse (warehouse operated by warehousing business)

・Site Area: 14,405.76 sqm (4,357.74 tsubo)

・Total Floor Area: 35,118.34 sqm (10,623.29 tsubo)

・Building Structure: Steel frame, 5 stories (4 warehouse floors)

・Start of Construction: November 1, 2024

・Completion: April 30, 2026

・Designer: Kawada Industries Inc. First Class Architect Office

・Constructor: Kawada Industries & Asahi Kensetsu Special Construction Joint Venture

・Truck Berths: 51

・Parking Spaces: 42 (Standard cars: 39, Wheelchair accessible: 1, Light cars: 2)

・Truck Waiting Area: 4

・Bicycle Parking: 22

・Environmental Certifications: CASBEE A rank certification, BELS 6stars certification, 'ZEB' certification

■ About Our Industry Business

The Company aims to solve social issues through its business activities and continuously challenges to create unique value. The Industry Business Division (hereinafter referred to as "this Division"), which promotes this business, has centered its industrial real estate business on the development of logistics facilities, data centers, and plant factories. We have strived to solve diversified regional and social issues, such as improving logistics efficiency, realizing a decarbonized society through renewable energy use, and increasing food self-sufficiency, by utilizing our management resources and working together with local governments.
In July 2025, we launched the "Industrial Town Development Business (GREEN CROSS PARK)*." By leveraging the development and operational know-how cultivated by this Division, along with the supply of renewable energy and support for decarbonized management through our industry-leading environmental energy business, we will provide new industrial infrastructure across Japan, strongly supporting the strengthening of corporate supply chains.

*Reference: GREEN CROSS PARK｜Tokyu Land Corporation's Industrial Park and Town Development Business Green Cross Park

■ About the Long-Term Vision "GROUP VISION 2030" and "Medium-Term Management Plan 2030"

Tokyu Land Holdings announced its long-term vision "GROUP VISION 2030" in 2021. With the slogan "WE ARE GREEN," expressing our stance to achieve our ideal state in 2030 with the power of diverse greens, we are committed to "Environmental Management" and "DX" as company-wide policies.

Tokyu Land, as a core company, is actively promoting various initiatives to become an "environmentally advanced company." In 2022, we completed the switch to 100% renewable energy for our offices and owned facilities*, and in 2024, we became the first Japanese operating company to be certified by the RE100 Secretariat for achieving the "RE100" target.

In May 2025, Tokyu Land Holdings formulated the "Medium-Term Management Plan 2030" with a target year of 2030, focusing on three key themes: "Promotion of the Wide-Area Shibuya Area Strategy," "Establishment of GX Business Models," and "Expansion of Glocal Businesses." We aim to build a strong and unique business portfolio.

*Excluding some joint venture projects.

Tokyu Land Holdings "GR