PGIM Real Estate buys Tsurugashima II logistics center in Greater Tokyo

• PGIM acquired Tsurugashima II Logistics Center in Saitama, Greater Tokyo, for its flagship Asia Pacific value-add real estate strategy.
• Deal extends year-to-date APAC logistics activity to six transactions across Japan, Australia, Singapore, totaling close to USD 630 million.
• Asset is a four-story logistics facility completed in 2023 on more than 35,000 sq m of freehold land.
• Gross floor area is about 62,700 sq m; fully leased to three tenants operating regional and national distribution hubs.
• Site sits in Greater Tokyo’s Kan-Etsu/Ken-O logistics corridor with access to the Kan-Etsu and Ken-O expressways.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PGIM Inc. published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.