Prologis buys partners' interest in 4.9 million-square-foot California portfolio
San Francisco-based Prologis Inc., a global owner, operator and developer of industrial real estate, purchased its partners' 72 percent interest in a portfolio called Prologis Institutional Alliance Fund II, bringing all 4.9 million square feet of property onto its balance sheet. Prologis previously owned 28 percent of Alliance Fund II, wh...
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