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ProLogis Pulls Its Assets Out of the Freezer

Announces Sale of U.S. Temperature-Controlled Logistics Operations for $272 Million
By Tim Trainor
CoStar News
October 4, 2002 | 3:30 P.M.

Denver-based distribution facilities provider ProLogis (NYSE: PLD) said it agreed to sell its entire U.S. temperature-controlled logistics operations to Atlas Cold Storage Income Trust (Toronto: FZR.UN) and P&O Cold Logistics for $272 million.

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