(To read more on the industrial market, click here.)

ONTARIO, CA-ProLogis has acquired two fully leased buildingstotaling 855,000 sf here and has signed a tenant to all 700,000 sfof a warehouse in the City of Redlands as the Denver-basedspecialist in distribution facilities continues to build upon anInland Empire portfolio that has grown to more than 27 million sf.Michael Del Santo, ProLogis market officer and first vice presidentof capital deployment, tells GlobeSt.com that the company continuesto be on the lookout for acquisition and development targets in anInland Empire market that ProLogis views as "absolutely unrivaledacross the country."

The two new ProLogis buildings are at the corner of MissionBoulevard and Philadelphia Street in Ontario, in the western partof the Inland Empire, which for years was the main engine of growthin the region's inventory of distribution space. The Redlandsbuilding is at 1895 Marigold Ave., farther east, in a portion ofthe Inland Empire where developers have migrated in recent years asland for development became scarce in the western part of theregion.