{"id":1004098001,"date":"2014-06-09T07:22:08","date_gmt":"2014-06-09T15:22:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004098001"},"modified":"2022-12-08T18:04:33","modified_gmt":"2022-12-09T02:04:33","slug":"international-prologis-signs-build-to-suit-agreements-in-china-mexico","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/international-prologis-signs-build-to-suit-agreements-in-china-mexico\/","title":{"rendered":"International: Prologis Signs Build-to-Suit Agreements in China, Mexico"},"content":{"rendered":"<p><em>By Gabriel Circiog, Associate Editor<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/Prologis-Park-Apodaca.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004098008\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/international-prologis-signs-build-to-suit-agreements-in-china-mexico\/prologis-park-apodaca\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/Prologis-Park-Apodaca.jpg\" data-orig-size=\"590,393\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Prologis Park Apodaca\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/Prologis-Park-Apodaca.jpg?w=590\" class=\"alignleft size-medium wp-image-1004098008\" alt=\"Prologis Park Apodaca\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/Prologis-Park-Apodaca.jpg\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/Prologis-Park-Apodaca.jpg 590w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/06\/Prologis-Park-Apodaca.jpg?resize=300,200 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Prologis Inc. recently has signed two build-to-suit agreements, one in China and one in Mexico.<\/p>\n<p>Prologis signed a 41,500-square-meter (447,000-square-foot) build-to-suite agreement in China with Deppon Logistics Co. Ltd. Located at Prologis Tianjin Ninghe Logistics Center, the new facility will serve as the company\u2019s regional distribution center for the greater Beijing area. The new construction will expand Deppon\u2019s platform with Prologis to more than 130,000 square meters (1.4 million square feet) across China.<\/p>\n<p>\u201cThe location of Prologis&#8217; land was ideally suited to meet our distribution needs, which directly enhances the quality of service we can provide our customers,\u201d said Liu Dong, vice president of operations, Deppon. \u201cThe efficient layout of this build-to-suit facility fulfills all of our requirements.\u201d<\/p>\n<p>\u201cPrologis has a long-standing relationship with Deppon and is committed to developing Class-A distribution facilities to support their business,\u201d said Gary Anderson, CEO, Prologis Europe and Asia. \u201cThis project represents our fourth build-to-suit for Deppon and underscores Prologis&#8217; capability to improve logistics infrastructure in the country.\u201d<\/p>\n<p>Over in Mexico, Prologis signed a build-to-suit agreement with Uline for a 46,000-square-meter (500,000-square-foot) distribution center in Monterrey. The new facility will be located in the city\u2019s premier master-planned park near Monterrey International Airport, Prologis Park Apodaca. Upon completion, the park will feature six buildings totaling 130,000 square meters (1.4 million square feet) with enough land remaining available to support an additional 186,000 square meters (2 million square feet).<\/p>\n<p>\u201cThis new facility will allow Uline to increase the amount of inventory stocked in Monterrey, enabling us to provide our customers with same-day shipping on all orders,\u201d said Phil Hunt, executive vice president, Uline. \u201cPrologis is an important partner in our expansion efforts, and this state-of-the-art building will support our growth in Mexico.\u201d<\/p>\n<p>\u201cWe are very pleased to expand our relationship with Uline and accommodate their growing business,\u201d said Luis Gutierrez, president, Prologis Latin America. \u201cConsumption is driving solid demand for high-quality logistics facilities throughout the country, and we are well suited to meet this need in the future.\u201d<\/p>\n<p>Prologis owns and manages approximately 7 million square feet of logistics and distribution space in China and 31.7 million square feet in Mexico.\u00a0<em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prologis Inc. recently has signed two build-to-suit agreements, one in China and one in Mexico. <\/p>\n","protected":false},"author":952,"featured_media":1004098008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,16,21742],"tags":[],"class_list":["post-1004098001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-international","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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