ProLogis to build distribution center for Skechers

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ProLogis received a contract to build a distribution center for footwear maker Skechers USA Inc.'s European unit, the company said Wednesday.

ProLogis said it will build the 247,000-square-foot facility in Liege, Belgium, for Skechers EDC. The company did not disclose financial terms of the contract.

ProLogis shares fell 74 cents to $57.40 in morning trading.

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ProLogis

CAPS Rating 2/5 Stars

$2.53

-1.30 (-33.94%)

Outperform197

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