August 16, 2024
For Immediate Release
Name of REIT Issuer:
CRE Logistics REIT, Inc.
2-10-1, Toranomon, Minato-ku, Tokyo, Japan
Tsuyoshi Ito, Executive Director(TSE Code: 3487)
Asset Manager
CRE REIT Advisers, Inc.
Tsuyoshi Ito, President
Contact Person:
Hirohisa Toda, Executive Officer, Head ofCorporate Planning and General Affairs
Tel: +81-3-5575-3600

Notice Concerning Acquisition of Exclusive Negotiation Rights (LogiSquare Narita)
CRE Logistics REIT, Inc. (“CRE REIT”) announces that CRE REIT has been granted the rights toexclusively provide information regarding LogiSquare Narita (the “Property”), logistics facilities, toCRE REIT Advisers, Inc. (the “Asset Manager”) and enter into sale and purchase negotiations ahead ofthird parties (“exclusive negotiation rights”) by a domestic leasing company which agreed to acquire theProperty from CRE Inc. (“CRE”), its sponsor. Details are as follows.
１．General description of the Property in relation to exclusive negotiation rights

Property name

LogiSquare Narita

Location

Yoshioka, Narita-shi, Chiba

Completion date forconstruction

May 1, 2024

Total floor area16,944.95 ㎡

Building structure

Steel construction, alloy coated steel sheet roof, single floor

1Location

・ The Property is located approximately 7.2 km from the Narita IC,approximately 6.8 km from the Taiei IC on the Higashi-Kanto Expressway,
and approximately 7.6 km from the Shimofusa IC on the Ken-O Expressway.
・The Property is also located approximately 6.0 km from the entrance and exitof the cargo area of Narita International Airport, meeting the needs as adelivery base for air cargo to the Kanto area via the Higashi-Kanto
Expressway and the Ken-O Expressway. Based on this charactaristics oflacation, the tenant uses the Property mainly as a bonded warehouse.
・In the future, there are plans to build and extend new runways at Narita
International Airport, which is expected to increase the volume of air cargohandled. In addition, the area is also expected to become even moreconvenient in terms of transportation with the planned extension of the KenO Expressway from the nearby Taiei JCT to the Matsuo-Yokoshiba IC (a newNarita-Omigawa-Kasima Port Line (tentative name) IC is also planned to beopened within approximately 3km from the Property).

The price, time, etc. of the acquisition of the Property have yet to be determined. CRE REIT plans toperform the necessary due diligence procedures before determining whether to proceed with theacquisition of the Property in accordance with the Regulations for Transactions with Interested Parties,etc. of the Asset Manager. It should be noted that CRE REIT may not be able to acquire the Property,
despite the exclusive negotiation rights granted. In addition, CRE REIT is not obliged to acquire theProperty, and will not pay CRE a consideration for the acquisition of exclusive negotiation rights.
2．Reason for acquisition and outline of exclusive negotiation rights
The subject matter refers to the receipt of new exclusive negotiation rights with respect to theProperty in accordance with the sponsor support agreement among CRE REIT, the Asset Manager,
Strategic Partners Co., Ltd. and CRE. This will allow CRE REIT to secure opportunities for acquiringproperties in the future and aim at achieving external growth by acquiring the Property at the right time.

* CRE Logistic REIT, Inc. website: https://cre-reit.co.jp/en/2