JOC Staff | Feb 14, 2013 2:25PM EST
Prologis has signed two build-to-suit agreements with BMW of North America totaling 609,000 square feet.
The first facility, totaling 326,500 square feet, will be located in Redlands, Calif., in the state’s Inland Empire submarket at Prologis Redlands Distribution Center 11. The facility will provide an expansion option for an additional 96,000 square feet.
The second facility, totaling 282,000 square feet, will be located in the Dallas market at Prologis Park 20/35. It will provide an expansion option for an additional 370,000 square feet.
The industrial real estate developer has also agreed to acquire a 204,000-square-foot distribution facility from BMW of North America in Ontario, Calif.
