News & Announcements

Weil Advised KTR Capital Partners in its $5.9 Billion Sale to Prologis, Inc.

Weil advised KTR Capital Partners in the sale of its real estate assets and operating platform to real estate investment trust Prologis, Inc. in a transaction valued at $5.9 billion. This transaction also included the sale of 3.6 million square feet of development-in progress and a land bank with build-out potential of 6.8 million square feet.

KTR Capital Partners is a real estate-focused private equity firm with an operating portfolio of 60 million square feet of industrial real estate across 322 properties in Southern California, New Jersey, Chicago, South Florida, Seattle and Dallas.

The Weil team that advised KTR Capital Partners was led by Co-Head of Real Estate Philip Rosen and Private Equity partner Shayla Harlev. The team also included Real Estate partner Samuel Zylberberg; Private Funds partner Andrew Chizzik; Tax partner Mark Schwed; Executive Compensation & Benefits partner Michael Nissan; Environmental partner Annemargaret Connolly; Real Estate counsel Elliot Ganchrow; Antitrust/Competition counsel Vadim Brusser; Environmental counsel Thomas Goslin; Private Equity associates Evan Miller and Jacqueline Smith; Real Estate associates Sarah Jonas and Melissa Meyrowitz; Private Funds associate Oliver Prakash-Jenkins; Tax associates Jonathan Macke and Lexie Maravich; and Executive Compensation & Benefits associate Eric Schecter.