Supply chain management solutions provider Yusen Logistics India has acquired over 1.46 lakh sqft of Grade A warehouse in Lodha Industrial & Logistics Park, Palava in Navi Mumbai, Maharashtra.
With this, Yusen Logistics seeks to enhance its supply chain operations and growth potential.
Real estate advisory firm JLL facilitated the transaction for leasing this 1,46,193 sqft state-of-the-art warehousing facility.
“This strategic move will bolster the distribution network of the leading Japanese logistics company in India,” JLL said in a LinkedIn post.
Yusen Logistics offers various services from warehousing solutions, freight forwarding solutions, transportation, and customs clearance. The company was formed in 2011 with the merger of logistics firms including NYK Logistics and Yusen Air and Sea.
Headquartered in Mumbai, Yusen Logistics has a presence in 20 cities and 84 locations, including major cities like Mumbai, Gurugram, Kolkata, Ahmedabad, Bangalore, Hyderabad and Chennai.