PLD · News · 20260910N
Acquisition / Partnership / Divestiture
Prologis, Inc. · 2026-09-10 · Importance 34 · Surprise 42 · In source text
Prologis acquired 69 acres in Minooka, Illinois, to develop the Minooka Exchange logistics facility. The planned project will comprise approximately 1 million square feet and is expected to break ground in the coming weeks. The development expands Prologis's Chicago-area portfolio in a supply-constrained market and follows a recent Glendale Heights acquisition of two Class-A logistics facilities.
Key facts
- Prologis, Inc.: Acquired 69 acres in Minooka, Illinois to develop Minooka Exchange, a 1 million square-foot industrial logistics facility. source
- Prologis, Inc.: The Minooka acquisition follows a recent purchase in Glendale Heights for two Class-A logistics facilities. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Prologis, Inc.: Acquired 69 acres in Minooka, Illinois to develop Minooka Exchange, a 1 million square-foot industrial logistics facility. |