PROLOGIS ACQUIRES 650,000-SQUARE-FOOT DISTRIBUTION CENTER

ROMEOVILLE, ILL. — Denver-based ProLogis has acquired a 650,000-square-foot distribution center located in ProLogis Park 55, a 4.5 million-square-foot, master-planned industrial park located in Romeoville. ProLogis had originally sold the land on which the building is situated to Duke Realty Corp., which developed the facility. ProLogis plans to market the distribution center to consumer products companies, third-party logistics providers and manufacturers with large-scale distribution needs. David Kahnweiler and Charles Canale of Colliers Bennett & Kahnweiler have been appointed marketing agents for the property. The acquisition price was not disclosed.