ProLogis, a provider of distribution facilities and services, has leased 145,000 square feet of currently undeveloped industrial and office space in Portland, Ore., to LaCrosse Footwear Inc.
The value of the transaction was not disclosed.
The facility, which will serve as a new corporate headquarters for LaCrosse and also as a distribution center for the company’s Danner line of shoes and boots, will be built at SouthShore Corporate Park, a 230-acre industrial park operated by ProLogis in eastern Portland. LaCrosse currently occupies a 55,000-square-foot building in the park and will transition to the new facility once it is completed, expected to occur in June 2006.
ProLogis acquired SouthShore Corporate Park through its recently completed merger with Catellus Development Corp. The park is located on Interstate 84 approximately five miles from Portland International Airport. In addition to LaCrosse Footwear, existing ProLogis customers in the park include Fujicolor Processing, Kinco International, Innovian, Spicers Paper and Synetics Solutions.
***
What’s your opinion? Send your Letter to the Editor to opinion@inman.com.
Comments