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Prologis inks deal for Japan logistics facility

Sep. 05, 2014 10:15 AM ETPrologis, Inc. (PLD) StockBy: Stephen Alpher, SA News Editor
  • The 281.4K square foot property will be located at Prologis Park Sendai and will serve as the regional distribution center for a major third-party logistics provider in Japan.
  • "Demand for modern, well-located facilities in our global and regional markets remains strong as companies look to optimize their distribution networks," says Mike Yamada, president, Prologis Japan.
  • As of June 30, Prologis (NYSE:PLD +0.7%) had about 33.4M square feet of logistics and distribution space in Japan.
  • Source: Press Release

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