DENVER-ProLogis, an industrial real estate giant based here, is planning to start its development worth up to $1 billion in 2011. The company has leased 164,000 square feet in a new facility measuring 244,000 square feet, which is being built by ProLogis.
The industrial real estate company has also agreed to build distribution facilities in Fukuoka and Osaka in Japan, and West Midlands in UK in Q4. For the full story, go to Wall Street Journal.
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