Dec 13, 2023
Prologis Plans Massive 312K SF Industrial Expansion in San Jose with LEED Silver Certification
Prologis, a renowned real estate investment trust based in San Francisco, is planning a significant expansion in North San Jose.
Traded Editorial
Prologis Sets Sights on a Major Industrial Development in San Jose
Prologis, a renowned real estate investment trust based in San Francisco, is planning a significant expansion in North San Jose. The company has submitted preliminary plans to replace an existing 141,300-square-foot industrial building with a new one that's more than double its size. The proposed building, located at 2256 Junction Avenue, will span a whopping 312,000 square feet.
Embracing Sustainability with LEED Silver Certification
Prologis is not only expanding its footprint but also its commitment to sustainability. The proposed industrial building is set to be LEED Silver-certified. Leadership in Energy and Environmental Design (LEED) is a globally recognized symbol of sustainability achievement and leadership. Silver certification indicates that the building will meet high standards for energy efficiency and environmental impact.
Implications for the San Jose Real Estate Market
This development could have significant implications for the San Jose real estate market. The construction of such a large industrial building indicates a strong demand for industrial space in the area. This could potentially attract more businesses and investors to North San Jose, boosting the local economy and real estate market.
Conclusion
Prologis' planned expansion in San Jose is a clear indication of the strength and potential of the city's industrial real estate market. With a focus on sustainability and a significant increase in square footage, this development could be a game-changer for North San Jose. It will be interesting to watch this project unfold and see the impact it has on the local real estate landscape.