ATLANTA-The Home Depot Inc. has signed two build-to-suit lease agreements with Denver-based ProLogis for regional distribution centers in Redlands, CA and Monroe, OH. Each facility will total approximately 658,000 sf and is expected to add to the locally based home improvement retailer’s dominance.

The Redlands distribution center is being built along Interstate 10 in California’s Inland Empire region, with construction scheduled early next year. ProLogis currently has 88 distribution centers totaling 30 million sf in the Inland Empire.

In Monroe, a suburb of Cincinnati, Home Depot’s new warehouse will be part of ProLogis Park Corridor 75, a 420-acre industrial park being developed near Interstate 75. Construction is slated for completion by the end of this year, adding to ProLogis’ local inventory of 39 buildings totaling 7.7 million sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.