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'Fast-Moving Train': Prologis Turns To AI To Power Logistics, Site Selection
News

'Fast-Moving Train': Prologis Turns To AI To Power Logistics, Site Selection

... feasibility platform for developers, architects and contractors.    Prologis has been piloting TestFit software to compile information on ... the industrial space.” Another recent tech investment by Prologis was in Chicago-based Site Technologies, an asset ...

Sep 28, 2023
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Prologis
News

Proposed Tariffs Contribute To Prologis Downgrade At BMO Capital

... % incremental tariffs on Chinese imports adds further uncertainty.” Prologis beat earnings expectations when it unveiled its third-quarter ... Nasdaq analysis. Days before BMO’s report was released, Prologis backed out of purchasing a sports facility for $24M ...

Dec 06, 2024
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Prologis
News

Industrial Market To Bounce Back In Late 2025, Prologis Says

... perform well despite the softness in the warehouse market. Prologis beat earnings projections in the third quarter with total revenue ... estimates, and 46M SF of new leases and renewals commenced.   Prologis’ 96% occupancy rate, which the company says is 300 ...

Oct 16, 2024
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Germany
News

Amazon Warehouse Contraction, Market Slowing No Big Deal: Prologis Execs

... experienced earlier this year and in 2021, according to Prologis executives speaking during the company's second-quarter earnings ... discussion on the robustness of the industrial market and Prologis' corporate health in particular but glossed over the company ...

Jul 18, 2022
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Germany
News

What Recession? Prologis Expects No Meaningful Slowdown Ahead

... be another strong year for the industrial space giant. Prologis CEO Hamid Moghadam said that, assuming a mild ... considered a great, strong market,” Moghadam said. In short, Prologis' occupancy rate, even considering the developments still underway, is ...

Jan 18, 2023
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Duke Realty Rejects Prologis' $24B Takeover Offer
News

Duke Realty Rejects Prologis' $24B Takeover Offer

... offer, calling it "insufficient" and largely unchanged from Prologis' November proposal. The original story about the offer is ... deal ever for a nonlisted real estate portfolio. Prologis is expecting significant increases in industrial rents, predicting in ...

May 10, 2022
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Funding Round Photo Typewriter
News

Site Technologies Raises $10M In Funding Led By Prologis Ventures

... that the Series A round was led by Prologis' investment arm, Prologis Ventures, and included tech investors Protagonist and DivcoWest ... long-term value and performance for real estate properties," Prologis Ventures Managing Director Will O'Donnell said in a ...

Sep 12, 2023
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Duke Realty Laying Off Hundreds In $26B Prologis Deal
News

Duke Realty Laying Off Hundreds In $26B Prologis Deal

... where nobody needs to rush out and get a job.” Prologis aggressively pursued Duke, proposing multiple offers that were rejected ... including debt. Duke shareholders will receive 0.475 shares of Prologis for each share in Duke they own when the transaction ...

Sep 20, 2022
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Prologis
News

Federal Raid At Prologis Warehouse In New Jersey Nets 29 Immigrant Workers

... officers with U.S. Customs and Border Protection raided a Prologis-owned facility in Edison, New Jersey, early Wednesday, detaining ... foreign goods. When Bisnow reached out on Friday, a Prologis spokesperson declined to comment on the raid, directing inquiries to ...

Aug 24, 2025
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Industrials under pressure due to increased e-commerce
News

At Current Rate, Available Logistics Space In U.S. Would Dry Up In Record 16 Months: Prologis

... according to a new report from global industrial powerhouse Prologis. At current rates of supply and demand, logistics ... leasing conditions are in uncharted territory around the globe,” Prologis Global Head of Research Melinda McLaughlin said during the ...

May 12, 2022
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