December 3, 2021
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
Person of Contact:
Hirohisa Toda, Executive Officer, Head ofCorporate Planning and General Affairs
Tel: +81-3-5575-3600

Notice Concerning Acquisition of Exclusive Negotiation Rights (LogiSquare Shiroi)
CRE Logistics REIT, Inc. (“CRE REIT”) hereby announces that CRE Inc. (“CRE”), the sponsor
company of CRE REIT, has granted CRE REIT the right to exclusively provide information
regarding LogiSquare Shiroi (the “Property”), a logistics facility, to CRE REIT Advisers, Inc. (the“Asset Manager”) and enter into sale and purchase negotiations ahead of third parties (“ exclusivenegotiation rights”). Details are as follows.
1. General description of the Property in relation to exclusive negotiation rights
Property nameLocation
Construction start date
Scheduled completion time
Total floor area (planned)
Structure
Image ofthe Property: LogiSquare Shiroi: Naka, Shiroi-shi, Chiba: December 1, 2021
: Late December 2022
: 30,807.72 ㎡: Steel structure, 3 floors above ground

The price, time, etc. of the acquisition of the Property have yet to be determined. CRE REIT plans to perform thenecessary due diligence procedures before determining whether to proceed with the acquisition of the Property inaccordance with the Regulations for Transactions with Interested Parties, etc. of the Asset Manager . It should be notedthat 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 the Property, and will not pay CRE a consideration for the acquisition of exclusive
negotiation rights.

1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 Mana gerand CRE. This will allow CRE REIT to secure opportunities for acquiring properties in the futureand aim at achieving external growth by acquiring the Property at the right time.
3. Features of the Property in relation to exclusive negotiation rights(1) Location
The Property is situated in the Shiroi industrial park within inland Chiba Prefecture, and locatedin the industrial exclusive area that permits 24-hour operation, with large factories and warehouses.
The property is lied midway along National Route 16 between the Kashiwa Interchange of theJoban Expressway and Chiba Kita Interchange of the Higashi-Kanto Expressway, and the planned
expansion of National Route 464 is expected to enhance transportation accessibility.
(2) Outline of facility plan
In the master plan for the facility, there is a driveway slope for large trucks to go directly up to
the second floor, with truck births for 36 large trucks to dock simultaneously. Among other features,the 1st floor is divided into 2 parts, as are the 2nd to 3rd duplexed floors, enabling to lease up to
4 tenants, with a minimum leasable area of about 4,776 ㎡.
The basic specifications for the storage section are planned to include metal -faced insulating
sandwich panels on the exterior walls, a floor weight capacity of 1.5 t/㎡ (2.0 t forklifts can beused) for the storage section, an effective ceiling height of no less than 5.5 m for each floor and an
average luminous intensity of 300 lux. With regard to elevating equipment, four cargo elevators(movable load of 4.1 t) will be installed. Moreover, the specifications can accommodate the needsof future tenants to some extent, including a structure that enables the addition of t wo verticalconveyors and dock levelers while also securing pipe-laying routes, space for outdoor units forinstalling air conditioning equipment in the storage section, in addition to a legal response forincreased office floor space. With that functionality and versatility, the facility plan will be able tomeet every logistics need.
The facility plan will be environmentally friendly and there will be LED lighting throughout theentire building, human detecting sensors and water-saving sanitary fixtures as environmental
measures. Certification of BELS(note 1) is planned to be acquired for the Property. Moreover,
100% of the electricity for the Property is planned to be supplied from green energy, includingthat from solar power generation systems for the ent ire roof-top for self-consumption andrecyclable energy procured from EnBio C Energy, Inc.(note 2).
(Note 1) A third party certification system promoted by the Ministry of Land, Infrastructure, Transport and Tourism inJapan that displays the energy saving performance of buildings, an abbreviation for the Building Energyefficiency Labeling System.
(Note 2) A new company established in September 2021 through the joint investment of CRE and En Bio Holdings, Inc.
Its main business is supplying green energy.

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