ProLogis Leases 400,000 Square Feet to Consumer Products Company in the Inland Empire

Published In: Business, California 
Tuesday, March 3, 2009 7:00 AM
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- Building Four at ProLogis Park Ontario Airport Now Fully Occupied -

ONTARIO, Calif., March 3 /PRNewswire-FirstCall/ -- ProLogis (NYSE: PLD), a leading global provider of distribution facilities, announced today it has leased approximately 400,000 square feet of distribution space in the Inland Empire to a footwear designer, manufacturer and retailer.

The new customer will occupy space at ProLogis Park Ontario Airport, in a newly constructed, 681,000-square-foot facility. The park is located off Interstate 15 between Interstates 10 and 60, minutes from the Ontario International Airport, and comprises approximately 1.9 million square feet in six buildings.

"We expect that our new customer will find tremendous value in the location of this facility, which is within the Port of Long Beach Foreign Trade Zone in the western end of the Inland Empire and has outstanding access to national and regional highway systems," said Mike Del Santo, first vice president and market officer for ProLogis.

At the beginning of January, ProLogis announced a 282,000-square-foot lease with Safelite AutoGlass at the same distribution center. "ProLogis Park Ontario Airport offers sustainable design elements to support our customers' sophisticated distribution needs while reducing energy consumption," added Del Santo. "Building Four at the park is now 100 percent leased, and we are in discussions with several additional customers for distribution space at the park."

ProLogis is the largest owner of industrial distribution space in Southern California, with approximately 45 million square feet in 198 distribution centers owned, managed or under development. Customers in the area include Amcor, American Honda, APL Logistics, Anixter, Inc., Aveda, Black & Decker, Exel Logistics, Expeditors International, FedEx, Home Depot, IKEA, Jack in the Box, Kimberly-Clark, Kraft Foods, LG Electronics, New Balance, Nike, NYK Logistics, Spicers Paper, Unilever and Wal-Mart.

About ProLogis
ProLogis is a leading global provider of distribution facilities, with more than 475 million square feet of industrial space (44 million square meters) in markets across North America, Europe and Asia. The company leases its industrial facilities to more than 4,000 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. For additional information about the company, go to http://www.prologis.com.


SOURCE ProLogis


 
Tuesday, March 3, 2009 7:00 AM

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