ProLogis Leases 145,000 Square Feet in Portland to LaCrosse Footwear

DENVER, Nov. 29 /PRNewswire-FirstCall/ -- ProLogis , a leading global provider of distribution facilities and services, announced today that it has leased 145,000 square feet of industrial and office space in Portland, Oregon, to LaCrosse Footwear, Inc. The facility will serve as a new corporate headquarters for LaCrosse and also as a distribution center for the company's Danner(R) line of shoes and boots.

The new facility will be built at SouthShore Corporate Park, a 230-acre industrial park operated by ProLogis in eastern Portland. LaCrosse currently occupies a 55,000-square-foot building in the park and will transition to the new facility once it is completed, expected to occur in June 2006.

"We are pleased to have partnered with ProLogis on the development of this facility, which will serve as an important foundation for future growth," said Joseph. P. Schneider, LaCrosse Footwear's president and chief executive officer. "As we move forward, the new facility will allow us to efficiently meet the logistical challenges posed by the growth of our business and to continue providing outstanding service to our customers."

"LaCrosse Footwear's expansion is testament to the leadership position they have established as a manufacturer of premium footwear brands," said Dan Marcus, ProLogis senior vice president. "We believe this facility will deliver substantial benefits to LaCrosse as they continue to increase the efficiency of their business and logistics operations."

ProLogis acquired SouthShore Corporate Park through its recently completed merger with Catellus Development Corporation. The park is located on Interstate 84 approximately five miles from Portland International Airport. In addition to LaCrosse Footwear, existing ProLogis customers in the park include Fujicolor Processing, Kinco International, Innovian, Spicers Paper and Synetics Solutions.

About ProLogis

ProLogis is a leading provider of distribution facilities and services with 371.9 million square feet (34.6 million m2) in more than 2,330 distribution facilities owned, managed and under development in 75 markets in North America, Europe and Asia, as of Sept. 30, 2005. ProLogis continues to expand the industry's first and largest global network of distribution facilities with the objective of building shareholder value. The company expects to achieve this through the ProLogis Operating System(R) and its commitment to be 'The Global Distribution Solution' for its customers, providing exceptional facilities and services to meet their expansion and reconfiguration needs.