Mari Nagai

Ms. Nagai is the head of LaSalle’s logistics team and leads the asset management team in
Japan, on behalf of the LaSalle Japan Logistics Fund series.

Mari has more than 20 years’ experience in the real estate industry in Japan and joined
LaSalle in 2008 as an asset manager responsible for operating, developing, and leasing
logistics assets. Mari had been in charge of over $15.5 billion USD or 17 logistics assets
when she was an asset manager. During the GFC, her asset restructuring plan rescued the
investments under her management and recovered the asset value facing the credit
crunch. She built annex warehouse to increase rentable area to generate rental income,
renovating the dry warehouse to cold storage, and successfully renewed the leases with
tenant who intended to vacate.

Mari has also established strong relationships working closely with major domestic
developers, non recourse lenders, and general contractors on the development, leasing,
disposition of various sizes of multi tenant warehouses at LaSalle. Her contribution not
only maintained and recouped the value of the investments of JLF I and II but also
accomplished excellent performance for JLF III. Thanks to her accomplishments, expertise
in development and asset management role, and outstanding leadership skill working
with external and internal stakeholders, Mari was promoted in 2016 to take on the fund
manager responsibilities and later took on the role of Head of Logistics team in Japan in
2018 to lead the team.

Prior to joining LaSalle, Ms. Nagai was a Manager at Xymax Properties Corporation; one of
Japan’s leading Property Management companies where she was responsible for
supervising eleven team members, project managers, engineers, and accounting staff for
asset value improvements.

Mari holds a BA in law from Keio University and a MS in Civil Engineering from University
of Colorado.