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Germany
News

Prologis' Earnings Double, Fueled By Postelection Leasing Bump

... The market was very different before and after the election, Prologis President Dan Letter said during the earnings call.    “The ... of Elk Grove Village last quarter was a showcase of Prologis’ growing data center development capabilities, Arndt said. The ...

Jan 21, 2025
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Prologis
News

Prologis Downgraded By Scotiabank Amid Tariff Turmoil

... stocks to fall to a nearly five-year low.  Prologis has been taken from Sector Overperform to Sector Underperform, meaning ... Tuesday, the price remains the same.  Weaker earnings at Prologis would mirror a broader slowdown in the industrial market. The ...

Apr 08, 2025
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Prologis CEO Executive Chairman Hamid Moghadam
News

Prologis CEO Hamid Moghadam To Retire

... team in my new role.” Moghadam will stay on at Prologis as executive chairman and will continue to provide strategic guidance ... the previous year, boosted by a postelection bump in activity. Prologis viewed the reelection of President Donald Trump as good for ...

Feb 19, 2025
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Tastykake -- Philadelphia Navy Yard
News

Prologis Offloads Tastykake Facility In Philly Navy Yard For $87M

... Lake City-based Bridge Investment Group for $87M. A Prologis spokesperson confirmed the transaction, first reported by the Philadelphia ... build-to-suit space constructed by Liberty Property Trust. Prologis acquired it through a merger with the builder in ...

May 11, 2026
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Germany
News

Prologis Pitches 600-Acre Indiana Data Center Campus

... southeast of Indianapolis and 200 miles from Chicago.  Prologis and a cohort of landowners are petitioning Shelbyville ... The planned Shelbyville campus continues the rapid expansion of Prologis’ data center business.  Since launching its dedicated data ...

Jan 05, 2026
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Construction Building Concrete Construction Workers Aerial Unsplash Scott Blake
News

Prologis CEO: Immigration Policies To 'Radically' Raise Construction Costs

... labor challenges that already constrain the construction sector.” On Prologis’ earnings call on Wednesday, Moghadam and Chief Financial ... While Moghadam believes that the labor shortage makes Prologis buildings more attractive because it will cost more to ...

Jul 17, 2025
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Prologis Selling 5M SF Twin Cities Portfolio To EQT Exeter
News

Prologis Selling 5M SF Twin Cities Portfolio To EQT Exeter

... following its acquisition of Duke Realty in 2022,” a Prologis spokesperson told Bisnow via email Wednesday. EQT will establish ... in earnest, pushing up vacancy rates. EQT, like Prologis and most other landlords specializing in industrial properties, said ...

May 29, 2024
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Germany
News

Prologis To Ramp Up Acquisitions, Says Market Has 'Opened Up'

... it revealed in its second-quarter earnings report Wednesday.  Prologis Chief Financial Officer Tim Arndt said on its Wednesday ... really excited about our acquisition volume for the year." Prologis deployed $279M for acquisitions this past quarter, up ...

Jul 17, 2024
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Prologis warehouse building
News

Prologis Infuses More Capital Into 2 Major Funds, Clears Redemption Requests

... Karsten Kallevig, managing director of Global Strategic Capital at Prologis, said in a statement. “Now that external valuations ... .1B in industrial properties from Blackstone.  Last month, Prologis CEO Hamid Moghadam said the industrial market is getting ...

Aug 29, 2023
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Industrial
News

Prologis Doubles Down On UK Investment With Park Royal Acquisition

... centres. “This acquisition is a significant milestone for Prologis. It reinforces our strategic investment commitments to the UK ... Western Avenue Business Park to create the current property.  Prologis was represented by DTRE, and DTZ Investors was ...

Aug 27, 2024
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