Prologis Anticipates to Earn a 5.5 Cap Rate on Deal with KTR Capital

By Jon Peterson San Francisco-based Prologis is expecting to achieve a 5.5 percent cap rate on the 322 industrial properties that it is in the process of buying from New York City-based KTR Capital Partners, according to a document received from Prologis. This return is based on the property’s current net operating income. Prologis believes […]