ProLogis develops new Virginia facility for NYK Logistics
ProLogis will develop a new 130,800 sq.ft distribution centre near the Norfolk, Virginia, port complex for NYK Logistics. The facility will be located on 34 acres in the city of Chesapeake. The site offers direct access to the Port of Virginia, which comprises marine terminals in nearby Norfolk, Portsmouth, Newport News and Front Royal. NYK's new facility will include more than 630 container/trailer stalls and approximately 10,000 sq.ft of office space. Construction of the facility is expected to begin this month. NYK will operate the warehouse as a deconsolidation facility for US retailer, Target. ProLogis provides more than 2.9 million sq.ft of distribution space to NYK Logistics at multiple locations around the world.