Prologis, Inc. Leases 723,000 SF in Three Japan Developments

Prologis, Inc. PLD today announced four new lease agreements signed in the second quarter, totaling approximately 723,000 square feet (67,350 square meters), in three facilities in its Japan development portfolio. "The natural disasters we experienced in March have underscored the need in our markets for high-quality distribution space," said Mike Yamada, president of Prologis Japan. "Our facilities represent some of the most modern and soundly constructed buildings available, incorporating numerous sustainable features and seismic resistance technology. Now more than ever, customers recognize the value of these features to their business continuity."