[photopress:prologis.jpg,full,alignright]Prologis, claimed to be the world’s largest owner, manager and developer of distribution facilities, is expanding its presence in China through new developments in Changsha, Chengdu, Chongqing, Nanjing and Wuhan.
In aggregate, the parks can accommodate over 8.7 million square feet (808,000 square meters) of distribution space and represent an estimated $246 million in total investment over time.
The first distribution centers at the new parks will be delivered over the course of 2007 and 2008.
Source: Presswire