ProLogis Leases 73,000 Square Feet in the Czech Republic
OSTRAVA, Czech Republic, Oct. 21 /PRNewswire/ -- ProLogis (NYSE: PLD), the leading global provider of distribution facilities, announced today it signed a third-quarter lease agreement in its completed development portfolio in Ostrava, Czech Republic.
ProLogis leased 73,000 square feet (6,800 square meters) to a third-party logistics provider and division of the largest book wholesalers in the Czech Republic and Slovakia. The company will operate its regional distribution hub at ProLogis Park Ostrava Building One, located 8 miles (14 kilometers) from the Ostrava city center, off the D47 motorway.
"We continue to see customer interest in our modern, high-quality industrial portfolio throughout Europe," said Philip Dunne, ProLogis president of Europe. "We are very pleased to announce this recent activity, which helps us lease our completed development portfolio."
ProLogis is the 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 4,400 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.
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Released October 21, 2010