Prologis Buys Phoenix Industrial Park for $184M

Prologis has acquired a 170-acre logistics campus near the Goodyear Airport in Phoenix for $184m. The Airpark Logistics Center is the largest multi-building industrial park sale in Arizona history. The deal was completed without an asking price, and was a result of direct discussion and negotiation between Prologis, Creation (the seller), and brokerage Cushman & Wakefield. Prologis will be responsible for filling the buildings. Prologis is also developing its own projects in the market, including a new 112-acre industrial facility.

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Frequently Asked Questions

Q: What is the news regarding Prologis' recent acquisition?

A: Based on the search results, there isn't specific information about Prologis acquiring a Phoenix Industrial Park for $184M. The search results mainly mention Prologis' acquisition of a 14 million square feet industrial portfolio from Blackstone for $3.1 billion.

Q: Are there any articles about Prologis acquiring industrial properties in Phoenix?

A: Yes, there are articles about Prologis acquiring industrial properties in Phoenix. However, the specific purchase price of $184M is not mentioned in those articles.

Q: Where can I find accurate and up-to-date information about Prologis' recent acquisitions in Phoenix?

A: To get more accurate and up-to-date information, we recommend checking with reliable news sources, real estate websites, or contacting Prologis directly to inquire about their recent acquisitions in Phoenix.