Prologis Pays $14MM for 14-Acre Vacant Industrial Site at 455 Piercy in South San Jose

The world's largest industrial landlord quietly tripled a South San Jose land bet — buying an entitled but unbuilt 14-acre site for $14 million while a submarket sitting at 9.3 percent vacancy signals that Prologis is playing for a manufacturing and distribution cycle still years from arrival. Logistics real estate giant Prologis has paid $14 […]