Prologis Leases 239,000 SF in Brazil Project

SAN FRANCISCO—Prologis Inc. says it has completed a lease agreement with Saraiva, Brazil’s largest bookstore chain and leading online retailer, for 239,000 square feet of warehouse space in Sao Paulo, Brazil.

Saraiva will occupy the final building at Prologis CCP Cajamar I Industrial Park, a two million square foot (185,000 square meter) development which is now 100 percent pre-leased. The park is located in the Cajamar submarket of Sao Paulo in proximity to Rodoanel Ring Road and central Sao Paulo. The master-planned distribution park provides a complete solution to end users, consistent with Prologis Class-A building specifications around the world. Other Prologis customers at the park include Schneider Electric, Penske Logistics, SC Johnson, SKF, Nova Pontocom, and Zara Brasil.