

SAN FRANCISCO, Jan. 11, 2012 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today announced four new lease agreements signed in December 2011, totaling approximately 624,250 square feet (58,000 square meters) in three facilities in its Asia development portfolio:
"This leasing activity reflects our customers' continued focus on securing modern, high-quality logistics facilities to improve their supply chain efficiencies," said Gary Anderson, Prologis' chief executive officer for Europe & Asia. "The fact that we continue to lease these buildings in advance of our underwritten lease up assumptions underscores our keen understanding of our customers' needs."
About Prologis
Prologis, Inc. is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. As of September 30, 2011, Prologis owned or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 600 million square feet (55.7 million square meters) in 22 countries. The company leases modern distribution facilities to more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises.
SOURCE Prologis, Inc.
Jennifer Nelson
SVP, Head of Global Corporate Communications
+1 (415) 733 9409
[email protected]
San Francisco, California USA
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