Prologis Acquires Empty Industrial Property in Stockton at Very Low Replacement Cost

By Jon Peterson San Francisco-based Prologis has paid $3.8 million or $36 per square foot to acquire the 103,968 square foot to buy the Boeing Way Distribution Center in Stockton located at 1616 Boeing Way. This price is well below replacement cost, which is projected to be $65 to $70 per square foot, according to […]