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Article: ProLogis to Develop New Facility for Kirin Logistics in Japan.
- Article from:
- China Weekly News
- Article date:
- August 4, 2009
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ProLogis (NYSE:PLD), a leading global provider of distribution facilities, announced it will develop a new, 382,000-square-foot (35,500-square-meter) distribution facility in Ebina, Japan, for Kirin Logistics Co., Ltd., a leading Japanese third-party logistics company that specializes in the beverage and food industries.
"We are pleased to continue to find opportunities to monetize our land bank," said Mike Yamada, president of Japan for ProLogis. "This mutually beneficial development arrangement took focused planning and a dedicated effort from many parties. We are happy to announce this transaction with Kirin Logistics and appreciate the Kirin Group's ongoing ...
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