Prologis Acquires Milpitas Manufacturing Facility for $84.5MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d5687.4153673222145!2d-121.89681465143717!3d37.41771128954538!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x808fcec90befa941%3A0x527a2fdff9632659!2s1177+Gibraltar+Dr%2C+Milpitas%2C+CA+95035!5e1!3m2!1sen!2sus!4v1455051708854&w=600&h=450] In a transaction that closed late last year, one of the world’s largest owners, operators and developers of industrial real estate, Prologis, made an acquisition of a 9-building, nearly 500,000 square foot complex in Milpitas for $84.5 million, or roughly $170 per square foot, according to public records. The property was sold by […]