Japanese Developer Invests in Two Logistics Facilities Near Nagoya Station

Sumito Construction, a real estate developer based in Nagoya, Japan, is developing two logistics facilities near Nagoya’s Aonami Line ‘Noato Station’ in the port district of Nagoya. This project marks the company’s first venture into utilizing a Special Purpose Company (SPC) for development. The facilities will feature innovative elements like a refrigerated automated warehouse and a weekly market, aiming to revitalize the local community. The first facility, ‘Elou Jay 1,’ was completed in July. Occupying 8,352 square meters and with a total floor area of 4,132 square meters, it was developed through a joint venture with ANA Facilities, utilizing a plot of land owned by Nagoya Port Authority. The facility is being leased out and will be operational from September, serving as a combined warehouse and office space for tenant companies. The second facility, located adjacent to Elou Jay 1, will utilize former city-owned land. This project marks Sumito Construction’s second SPC venture and will feature a refrigerated automated warehouse. Construction is scheduled to begin this winter, with completion expected in spring 2026. The facility will cover approximately 7,100 square meters and have a total floor area of approximately 21,620 square meters. The space will include a permanent cafe area and host a weekly market on Sundays to create a community gathering space. Sumito Construction aims to contribute to local revitalization and provide a safe haven during emergencies. Sumito Construction President, Sakata, emphasizes the advanced automation capabilities of the refrigerated automated warehouses, powered by AI and IoT. He also revealed plans for similar logistics facilities in Hiroshima. By establishing SPC as a standard development approach, Sumito Construction seeks to accumulate expertise and expand its reach. Sumito Construction specializes in real estate management, sales, and new development. Recognizing the growing demand for logistics facilities driven by the expansion of e-commerce, the company has been actively acquiring land and developing facilities. The company projects its revenue for the fiscal year 2024 to reach 8.1 billion yen.