Fibra Prologis to pay down revolving line via asset sale proceeds

By Marisa Wong

Morgantown, W.Va., March 25 – Fibra Prologis will pay down its revolving credit line using proceeds from a portfolio sale, according to a news release.

The company announced it completed a sale of a portfolio of buildings to a major Mexican institutional investor for $62 million.

Fibra Prologis owns and operates class A industrial real estate in Mexico. The company is based in Mexico City.

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