City Advances 62-Year Ground Lease With Prologis
- Document date
- Jul 27, 2026
- Term
- 62 years and two months
The 30-second brief
The City Council directed staff to finalize a long-term ground lease with Prologis, L.P. for approximately 36.31 acres of City-owned land at 19526 – 24 Avenue. The lease is proposed for a term of 62 years and two months, based on an existing Letter of Intent and subject to statutory notice requirements.
Prologis LP holds this facilities contract with City of Surrey. Its other public contracts on record include work for Loudoun Water and Joliet Park District.
Term as filed: 62 years and two months.
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Contract details
- Contract type
- Facilities
- Document date
- July 27, 2026
- Term
- 62 years and two months
- Vendor
- Prologis LP
- Agency
- City of Surrey
- Source document
- City Council Minutes Proposed Long-Term Ground Lease of City-Owned Lands at 19526 – 24 Avenue 2026-07-27 (Minutes)
Prologis LP's other public contracts
More City of Surrey contracts
Questions about this contract
Who was awarded the facilities contract by City of Surrey?
Prologis LP was awarded this facilities contract by City of Surrey, as recorded on July 27, 2026.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City Council Minutes Proposed Long-Term Ground Lease of City-Owned Lands at 19526 – 24 Avenue 2026-07-27 (Minutes), dated July 27, 2026 from City of Surrey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Prologis LP hold?
Prologis LP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of Surrey currently buying?
Explore City of Surrey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.