Global real estate investment manager, Lasalle Investment Management, has acquired a multi-tenanted, modern logistics facility in Amagasaki City, Hyogo Prefecture, Japan. The transaction was made on behalf of LRF, a private fund, and LaSalle Logiport REIT. Upon completion of the acquisition, the facility will be named Logiport Amagasaki.

The facility has a gross floor area of 3.03 million sq ft and a net rentable area of 2.33 million sq ft. It is 25 min to Osaka’c central business district, and is close to the Kansi, Kobe, and Itami airports, as well as the Osaka and Kobe seaports.