Cabot Properties, an international private equity real estate firm focused on the logistics sector, has acquired a 220,608-square-foot multi-story modern logistics warehouse in the Greater Osaka area, marking the company’s first investment in Japan.
The property, located at 3-4-8 Shinmachi Nishi in Minoh City within the Minoh Logistics Park, represents a strategic expansion into one of Asia Pacific’s most supply-constrained and high-demand industrial markets. The acquisition aligns with Cabot’s long-term strategy of investing in high-quality, Class A logistics assets across Europe, the United States, and the Asia Pacific.
Completed in 2021, the four-story warehouse includes rear loading capability, 12 dock-high doors, 18-foot clear heights, 41-foot truck court depths, and 41 parking spaces. The building also features 40 EV charging stations and solar energy capabilities and has achieved a CASBEE A rating, which recognizes high standards of environmental performance and occupant well-being in Japan. The asset is fully leased to a single logistics tenant.
The facility is positioned within 25 kilometers of Osaka’s central business district, providing access to approximately 19 million people across the Greater Osaka region. It offers connectivity to major transportation infrastructure, including the Shin-Meishin Expressway, which links to Nagoya, Okayama, and Hiroshima, and proximity to Osaka International Airport, which handled roughly 90,000 metric tons of cargo in 2024.
Cabot’s move into Japan builds on its Asia Pacific expansion strategy, which began in 2020 with the opening of its Sydney office. With teams now operating in both Japan and Australia, the firm aims to capitalize on logistics investment opportunities across the region, which it views as the world’s largest economic zone.
Market fundamentals in Osaka remain stable. Vacancy sits at approximately 4%, supported by strong demand from third-party logistics providers, e-commerce operators, and manufacturing-related tenants. In 2025, new logistics supply and net absorption are projected to total approximately 1.6 million square meters each, reinforcing a balanced supply-and-demand environment. If development activity moderates further, rental growth is expected over the medium term.
Founded in 1986 and headquartered in Boston, Cabot has invested more than $17 billion in logistics real estate globally, serving over 4,300 tenants and operating more than 1,750 buildings totaling over 240 million square feet.
KEY QUOTES
“This acquisition offered the opportunity to establish Cabot’s presence in the Japanese logistics real estate market with a modern, strategically located property that provides significant potential for long-term value creation. The Greater Osaka region continues to be a critical hub for the growth of logistics and distribution activity driven by the rise of e-commerce penetration in Japan. This milestone further underscores Cabot’s strategy of investing in modern, Class A facilities that benefit from the consumption patterns of growing population centers.”
Yu Nishimura, Director of Investments, Japan, Cabot Properties
“Cabot’s entrance into the Japanese logistics market represents a key milestone in the execution of our investment strategy. We began our expansion in the Asia Pacific region in 2020 with the opening of our Sydney office. With teams in Japan and Australia, we believe we are well positioned to capitalize on attractive logistics investment opportunities in what is already the largest economic region in the world. We look forward to building on this momentum in 2026 and beyond to seek out compelling investments across the top logistics markets in the U.S., Europe, and APAC.”
Franz Colloredo-Mansfeld, CEO, Cabot Properties
AloJapan.com