David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
SAN FRANCISCO and TOKYO-At about $9,000 per unit, Nippon Prologis REIT, which is $15% owned by Prologis, will raise around $540 million for the purchase of three Japan properties.