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 includes 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. The transaction closed on May 29, 2015.

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 and John Sipple; Employment Litigation counsel Lawrence Baer; 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; Employment Litigation associate Millie Warner; Tax associates Jonathan Macke and Lexie Maravich (not yet admitted); and Executive Compensation & Benefits associate Eric Schecter.