GLP Acquisition of 1.2M SF Cold Storage Portfolio, Osaka

Deal value: $210 Million

GLP acquired a portfolio of three temperature-controlled logistics facilities totaling 1.2 million SF in Osaka, Japan, to meet rising demand for cold chain logistics.

GLP's acquisition of 1.2 million SF of cold storage in Osaka is driven by surging demand for temperature-controlled logistics, particularly from food and pharmaceutical sectors. The investment capitalizes on structural shifts in supply chains, e-commerce growth, and Japan's chronic shortage of modern cold storage. The strategic location near Osaka's port and expressways enhances regional distribution capabilities, positioning GLP to capture market share as cold chain infrastructure becomes increasingly critical.