ProLogis sells US refrigerated warehousing

Feb. 1, 2003
ProLogis, based in Denver CO, has closed the sale of CS Integrated, its United States refrigerated warehouses, to Atlas Cold Storage Income Trust and

ProLogis, based in Denver CO, has closed the sale of CS Integrated, its United States refrigerated warehouses, to Atlas Cold Storage Income Trust and to P&O Cold Logistics. The entire sale generated $272 million. Combined with $122 million from the sale of refrigerated warehousing in Europe, ProLogis has raised $400 million. The company continues to own refrigerated warehousing in the United Kingdom and France. These operations are valued at $173 million.

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