ProLogis develops a facility for a UK pharmaceutical supplier

ProLogis will develop more than 262,000 sq.ft of warehouse space to NHS supplier, Teva UK, in ProLogis at Glasshoughton, a new industrial building planned for development near Leeds in northern England.

Construction of the building is scheduled to begin this month, and will be ready for occupation this fall.

As at December 31, 2007, ProLogis had more than 18.6 million sq.ft of industrial space owned, managed and under development in the UK. Worldwide, the company has $36.3 billion in assets owned, managed and under development, comprising 508.8 million sq.ft.