U.S. Markets closed

Massive REIT wants to nearly double its Orlando footprint

Jack Witthaus
Massive REIT wants to nearly double its Orlando footprint

Prologis Inc. — the largest industrial real estate company in the world — wants to pour more money into Central Floirda. The San Francisco-based real estate investment trust (NYSE: PLD) expects to grow its footprint to 12 million square feet of industrial space in Orlando from 7 million square feet, said Denver Glazier, an investment officer at Prologis.