Launch Multifamily Residential Value-Add Investment Strategy in the United States Joint Venture Agreement with Marubeni America Corporation
Sep. 02, 2025
Mitsubishi Logistics Corporation, through its subsidiary Mitsubishi Logistics America Corporation, has entered into a joint venture agreement with Marubeni America Corporation regarding a value-add multifamily investment strategy* in the United States.
This project is part of our Asset Turnover Business and represents our company's first entry into the U.S. real estate industry.
*A business that increases the value of real estate by improving the profitability of existing buildings through renovation, soft-aspect upgrades (including to management), and capital earning gains at the time of sale.
Business Outline
- Investment by Our Company
- Approximately USD 30 million
- Ownership Ratio
- Marubeni America Corporation 50%, Mitsubishi Logistics America Corporation 50%
- Project Timeline
- Renovations will begin in FY2025. The property will be operated as rental housing, and is planned to be sold within approximately 2–5 years.
- Features
- This business is also attracting attention as an environmentally friendly approach due to its effect of reducing CO2 emissions and waste from rebuilding by renovating and continuing to use existing buildings.
Property Outline
- Property Name
- Estates at Team Ranch
- Location
- Benbrook, Texas
- Total Units
- 248 (One Bedroom: 144 units, Two Bedroom: 84 units, Three Bedroom: 20 units)
- Year of Completion
- 2004
Under our Business Plan[2025–2030], we aim to achieve growth across both logistics and real estate, while further expanding our overseas operations.
We have operated logistics businesses since the 1970s in the U.S. Moving forward, we plan to proactively expand our real estate business in the United States.
