Article: ProLogis to Develop New Facility for Senko in Japan.

- Transaction Represents ProLogis' Redefined Approach to Development, Monetizing Its Land Bank With Reduced Risk -

OSAKA, Japan, Sept. 2 /PRNewswire-FirstCall/ -- ProLogis , a leading global provider of distribution facilities, announced today it will develop a new, 616,000-square-foot (57,200-square-meter) distribution facility in Osaka, Japan, for Senko Co., Ltd., an integrated distribution services company with a vast national network of office locations, vehicles and cargo ships.

"ProLogis' land bank in Japan includes sites in the country's most strategic distribution locations," said Mike Yamada, president for ProLogis in Japan. "We are very ...

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