Finance Net Leasing
May 5, 2009
On behalf of the ProLogis California Fund, ProLogis has closed on a $137.5 million, five-year, secured financing with a major life insurance company. The financing has a loan-to-value of approximately 50 percent with 21 industrial properties located in the LA Basin and Inland Empire as security.
On behalf of the ProLogis California Fund, ProLogis has closed on a $137.5 million, five-year, secured financing with a major life insurance company. The financing has a loan-to-value of approximately 50 percent with 21 industrial properties located in the LA Basin and Inland Empire as security.
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