DUBAI-Carrying its well-established globalization strategy into new territory, Denver-based ProLogis plans to develop its first distribution center in the Middle East. The company signed an agreement to design and build a 798,000-sf facility here for the locally based Aramex, one of the world’s leading total transportation solutions providers.

ProLogis is developing the facility in Dubai Logistics City (DLC), a new logistics hub less than 20 minutes from the Port of Jebel Ali, the world’s seventh largest container port, and the future Dubai World Central International Airport. Construction, which has already started, is scheduled to be complete in the second half of 2008.

“We have been investigating business opportunities in this region for more than a year and believe that this new transaction within DLC provides an excellent opportunity for ProLogis to begin its Middle Eastern operations,” says ProLogis chair and CEO Jeff Schwartz. He says Dubai benefits from a centralized location and immediate access to major modes of transport.

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