Prologis (PLD) Enters Lease Agreements for 830K Sq. Feet in Brazil Development

Prologis, Inc. (NYSE: PLD), signed three new lease agreements over the past six weeks totaling 830,439 square feet (77,200 square meters) at Prologis CCP Cajamar I in Sao Paulo, Brazil. Two transactions were for speculative developments and the third was a build-to-suit project:

• Cajamar Building 1300: 316,050 square feet (29,400 square meters) pre-leased to a leading global manufacturer of household products. The facility, which will be built to suit the customer's specific requirements, is expected to be completed in November 2012;
  
  
• Cajamar Building 1100: 198,339 square feet (18,400 square meters) pre-leased to a leading global supplier of bearings and lubrication systems. The facility is expected to be completed in September 2012; and
  
  
• Cajamar Building 100: 316,050 square feet (29,400 square meters) leased to one of the world's largest fashion retailers.

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