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Washington DC & Mid-Atlantic  + Maryland  + Industrial  |  November 2, 2023
Emily Fu
By: Emily Fu

Prologis Buys 50-Acre Industrial Land 

Prologis, a logistics real estate and sustainable development company, has purchased a 50.3-acre site in Prince George’s County, Maryland., from May Riegler Companies. The price was not disclosed. 

Prologis plans to develop a 340,000-square-foot state-of-the-art industrial park on the property. The site, fully entitled for Class-A industrial development, the location offers direct frontage on the Capital Beltway (I-495) with access to Washington, DC, and proximity to three international airports.  

Newmark represented the seller with a team led by Cris Abramson, Ben McCarty and Nick Signor.  

Read More News Stories About: Newmark, Prologis
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Inside The Story

Cris Abramson

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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