CBRE, Inc. (Headquarters: Chiyoda-ku, Tokyo; President and COO: Takashi Tsuji; hereinafter referred to as CBRE) is promoting the development of Hokkaido's first multi-tenant refrigerated and frozen warehouse in the Ishikari Bay New Port area of Otaru City, Hokkaido. This project involves the construction of a refrigerated and frozen warehouse with a total floor area of approximately 3,000 tsubo in Zenibako, Otaru City, within the Ishikari Bay New Port area. It aims to solve the challenges of refrigerated and frozen logistics in Hokkaido, which are strained by the aging of existing warehouses, increased consumption of frozen foods, and stagnation in equipment renewal and rebuilding due to soaring construction costs. CBRE will promote this project through the collaboration of various departments within the group and affiliated companies. The Sapporo Branch will support land acquisition and conduct planning and design based on market research and analysis, developing a plan to maximize the real estate value of the land. The Asset Management Department was involved as an asset manager in the execution of the land sale and purchase agreement (June 5, 2026) and land acquisition (June 5, 2026) by a Special Purpose Company (SPC). Moving forward, CBRE will collaborate with Turner & Townsend Co., Ltd. (Headquarters: Minato-ku, Tokyo; President: Hisanori Kajiura), a specialized project management and cost management company within the group, to support the design and construction processes. Additionally, upon completion of the warehouse, CBRE's Property Management Department will be responsible for facility management, and CBRE's Industrial & Logistics Department will handle leasing. Leveraging its expertise and experience in logistics facility development, along with its strengths as a total solution provider covering everything from planning to construction, management, and leasing, CBRE will contribute to solving Hokkaido's logistics challenges and to the development of the