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News

Prologis Prepares To Break Ground On $12M Project In Flower Mound

Prologis is planning to spend $12M putting up ... Realty Corp., according to the Dallas Morning News. Prologis acquired Duke for $25.6B earlier this month.  ... DFW, according to a Q3 report from JLL. Prologis is the largest owner of industrial property in the ...

Oct 17, 2022
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Prologis Out, American Realty Advisors In On Maspeth Warehouse Buy
News

Prologis Out, American Realty Advisors In On Maspeth Warehouse Buy

... in Queens' Maspeth neighborhood. Industrial real estate powerhouse Prologis was in advanced talks to purchase the FedEx distribution ... on behalf of SunCap, through both the failed Prologis deal and the current American Realty Advisors negotiation. Recently ...

Feb 26, 2018
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Institutional Advisor sells a 307K SF industrial property to Prologis for $55m.
News

Prologis Acquires Orange County Industrial Property For $55M

... .  The building acquisition adds to Prologis Southern California portfolio. As of December, Prologis owns or manages 221 industrial buildings ... SF in the Los Angeles and Orange County area. Prologis' acquisition of DCT Industrial gives the company a larger ...

Apr 30, 2018
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Tim Arndt Prologis
News

Prologis Names New CFO With An Eye To Grow Non-Real Estate Revenue

... growth within the warehouse industry. During Olinger’s tenure, Prologis grew its portfolio from less than 150M SF to 1B ... including treasury, cash management and financial planning and reporting. Prologis leases out space to roughly 5,800 companies across 19 ...

Feb 15, 2022
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Prologis
News

Prologis Tapping Stiles Corp For Major Retail As Industrial Park Complement

... additional businesses in this economy has become more competitive,” Prologis East region president Nick Kittredge said to the paper. ... at the ready is definitely a differentiating factor.” Prologis is selling land contiguous to Beacon Lakes to Stiles ...

May 31, 2017
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handshake
News

Prologis Enters $611M European Deal, Grabs JV Including Germany's Allianz

... firm's first major move into Europe this year. Prologis Targeted Europe Logistics Fund will acquire Europe Logistics Venture ... and the Netherlands. The merger strengthens the partnership between Prologis and Allianz, with experts saying the assets in each ...

Jan 17, 2017
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Prologis, Norges Bank Sell $1.1B Industrial Portfolio To Singapore's Mapletree
News

Prologis, Norges Bank Sell $1.1B Industrial Portfolio To Singapore's Mapletree

... Bank accounting for the remaining ownership stake in both. Prologis Chief Investment Officer Michael Curless told CoStar that the ... strategy. The disposition of assets occurred not long after Prologis' $8.4B acquisition of DCT Industrial, which added 71M ...

Oct 03, 2018
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South Seattle multistory warehouse
News

Prologis Builds First Ground-Up Multistory Warehouse In U.S.

... want their product delivered in an hour or two, Prologis Senior Vice President and Market Officer for Seattle Richard Kolpa ... first ground-up multistory warehouse in the United States, Prologis has many multistory logistic centers abroad and is adding more ...

Mar 18, 2018
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Prologis All Smiles After Facebook Buy
News

Prologis All Smiles After Facebook Buy

... property, named Menlo Science & Technology Park, since 1998. Prologis SVP Mark Hansen says the company has spent the past ... several years planning for the modernization of this site. Prologis will provide ongoing management services on behalf of Facebook. ...

Feb 09, 2015
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Hamid Moghadam Prologis
News

Prologis CEO: Industrial Supply Could Outpace Demand By Next Year

... , we now expect supply to slightly outpace demand in 2018," Prologis CEO Hamid Moghadam said on the REIT's Q1 earnings ... Empire.  Given the coming oversupply in many U.S. markets, Prologis is beginning to shift its focus to Europe. The REIT ...

Apr 25, 2017
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