Walgreens Inks 645,000-SF at ProLogis Park 33 in Nazareth, PA
CoStar report – The nations largest drugstore retailer, Walgreens, signed a lease deal to occupy 510,000 square feet of existing distribution space at 3850 Prologis Parkway in Nazareth, PA. ProLogis has also agreed to expand the space occupied by Walgreens by adding an additional 135,000 square feet of space to the building.
The ProLogis Park 33 Building One is a class A distribution facility totaling 930,000 square feet. The building was completed in 2008, and sits on 75 acres. The property features 63 loading docks and 32-foot clear ceiling heights.
John Van Buskirk and Kim Meincke from Jones Lang LaSalle represented ProLogis in this transaction. Brian Knowles, also from Jones Lang LaSalle, represented the tenant.