PHOENIX-Prologis, a San Francisco-based real estate investmenttrust, has paid $6.2 million for the old Plastican Inc. warehousefacility in west Phoenix. The 106,000-square-foot warehouse, whichsits on 21.5 acres of land near Buckeye Road and 43rd Avenue, wassold by a Plastican Inc. entity, Plastican Phoenix PropertiesLLC.
Prologis has plans to renovate the plastic injection-moldingwarehouse, which was constructed in 1993. Matt Hobaica of Lee &Associates brokered the deal. For the full story, go to Phoenix Business Journal .
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