ProLogis leases space

ProLogis leases space    ProLogis, a developer of distribution facilities, said Thursday it had signed lease agreements totaling about 174,000 square feet to three U.S. customers.
   “While the industrial markets are still relatively soft, increasing occupancies and the lack of new supply continue to foster a more stable environment. We are encouraged by these early signs of fundamental improvement in our business.” said Larry Harmsen, ProLogis president of the United States and Canada.
   The company said Associated Global Systems, a third-party logistics provider in Southern Florida, will occupy 54,000 square feet at ProLogis Park Pompano Beach.
   In other deals it did not identify the customers specifically, but said a leading health care company in the Inland Empire of Southern California will occupy 103,000 square feet at ProLogis Park Redlands, and that a 3PL in Seattle will occupy 17,000 square feet at ProLogis Park SeaTac.