Lisa Partners announced on June 17 that it had provided mezzanine financing totaling 1.05 billion yen to Iwama, a special purpose company established for the development of a Hazmat (hazardous materials) warehouse.
The plan is to construct a facility in Kasama City, Ibaraki Prefecture, consisting of seven hazardous materials warehouses and two general warehouses, with a total floor area of approximately 9700 square meters, and is scheduled for completion by the end of 2026.
In recent years, the need for facilities capable of storing hazardous materials has been increasing due to the expansion of the e-commerce market, the increased distribution of lithium-ion battery-related products, the growing demand for semiconductor-related products, and the increased volume of handling of hazardous materials such as cosmetics, fragrances, and alcohols.
In the logistics industry, demands from shippers for legal compliance and safety management are increasing, and while the importance of hazardous materials warehouses equipped with appropriate facilities and management systems is growing, the supply is limited, and demand is expected to continue to expand.
Recognizing this growing societal need, Lisa Partners decided to provide financial support to the developing market of hazardous materials warehousing.
■Project Overview
Location: Kasama City, Ibaraki Prefecture
Size: 7 Hazmat warehouses, 2 general warehouses
Site area: Approximately 21,300 m2
Total floor area: Approximately 9700 m2
Completion date: Scheduled for sometime in 2026
