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Warehouses Increasingly Turn To Automation, But That Creates New Problems
News

Warehouses Increasingly Turn To Automation, But That Creates New Problems

... that are "causing a strain on those companies' finances," Prologis Vice President Karen Cherry said at the event.  “They' ... ‘location, location, power,’ and not necessarily in that order,” Prologis' Cherry said. “Power is really important, both on existing ...

Oct 20, 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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Industrial park aerial warehouse distribution center
News

Ares To Nearly Double Real Estate Portfolio With $3.7B-Plus Takeover

... in the data center space and spurred industrial developers like Prologis and Panattoni to launch data center arms of their own ...

Oct 08, 2024
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Industrial Rents Up By 7.3% Despite New Supply Plaguing Landlords
News

Industrial Rents Up By 7.3% Despite New Supply Plaguing Landlords

... major industrial hubs because of their proximity to ports. Prologis acknowledged softness in the Inland Empire, telling investors on ... interest in new projects in at least some markets.  Prologis also said its customers overall demonstrated a lack of ...

Sep 19, 2024
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With Tenants In Cost-Containment Mode, Landlords Anticipate More Industrial Leasing Doldrums
News

With Tenants In Cost-Containment Mode, Landlords Anticipate More Industrial Leasing Doldrums

... ,” said Green Street analyst Jessica Zheng, who covers Prologis, First Industrial Realty, EastGroup Properties and Stag Industrial. ... customers warrants continued caution in the near term,” Prologis Chief Financial Officer Timothy Arndt told investors on ...

Aug 12, 2024
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Industrial developer Panattoni's Reno, Nevada office in 2019.
News

Panattoni Is Latest Industrial Giant To Move Into Data Centers

... similar moves from other industrial developers in the U.S. Prologis is planning on spending between $7B and $8B to launch ...

Aug 02, 2024
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Power Lines From Below
News

Prologis Puts Power First As It Prepares $8B Data Center Push

... with users rather than any speculative development, Curtis said. Prologis has data center experience — the company says it made ... expects to make further energy infrastructure investments and partnerships as Prologis ramps up its data center segment.  “We've ...

Jul 25, 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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CRE Generative Design Software Uses AI To Help Streamline The Build Process
News

CRE Generative Design Software Uses AI To Help Streamline The Build Process

... cloud system with encrypted data.” Real estate logistics firm Prologis saw the potential of TestFit and invested in the company ... of going back and forth on revisions with architects, Prologis Vice President of Development Luke Peters said the firm can ...

Jul 02, 2024
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Northern Virginia Is A 'Petri Dish' For The Crises Facing Data Centers — And For Their Solutions
News

Northern Virginia Is A 'Petri Dish' For The Crises Facing Data Centers — And For Their Solutions

... been the bellwether for our industry as a whole,” said Prologis Global Head of Data Centers Chris Curtis, who joined the ... an ecosystem that is almost impossible to duplicate anywhere else,” Prologis’ Curtis said. “There's always going to be that location ...

Jun 09, 2024
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