The company leases modern distribution facilities to more than 4,700 customers, including manufacturers, retailers, transportation companies, and third-party logistics providers. As of September 30, 2014, Prologis owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 585 million square feet (54 million square meters) in 21 countries. Prologis, Inc., is the global leader in industrial real estate. Prologis owns and operates more than 5.5 million square feet (511,000 square meters) in 31 buildings in the Denver area. "Market occupancy in Denver is at a 15-year high of 95 percent, and we are developing logistics facilities to meet demand for Class-A product while monetizing our land bank." markets," said Scott Lamson, president, Northwest Region, Prologis. "We are pleased to extend our relationship with HD Supply to seven U.S. The lease brings the 1.2 million square foot (111,000 square meter) master-planned park to full occupancy and marks Prologis' second significant pre-lease transaction at this location in less than a year. HD Supply Facilities Maintenance Ltd., a leading industrial distributor, will occupy the space at Prologis Stapleton Business Center North. (NYSE: PLD), the global leader in industrial real estate, today announced a 261,000 square foot (24,300 square meter) lease agreement in Denver.
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