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Prologis Beats Q1 Expectations By $120M On Rent, Occupancy Increases
News

Prologis Beats Q1 Expectations By $120M On Rent, Occupancy Increases

... for high occupancy and continued rent growth into next year.” Prologis' strategy to maintain its position in the market as the ... . “I would describe market conditions as very good to excellent,” Prologis CEO Hamid Moghadam said during the call. “They're not ...

Apr 18, 2023
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Skybox's data center in Elk Grove Village, Illinois, a project it co-developed with Prologis on a site of a former warehouse complex.
News

Bandera, Skybox Plan 100-Acre Data Center Campus South Of Dallas

... , building facilities on land owned by logistics real estate giant Prologis on two sites near Austin and in Chicago’s Elk ...

Apr 18, 2023
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CBRE Names M&A Pro Croft Young As New CIO
News

CBRE Names M&A Pro Croft Young As New CIO

... the $4B all-cash sale of Industrial Property Trust to Prologis back in July 2019 as well as the acquisition of ...

Apr 11, 2023
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Shipping Giant Maersk Taps CBRE To Advise Expansion Into Warehousing
News

Shipping Giant Maersk Taps CBRE To Advise Expansion Into Warehousing

... that are now bloated after pandemic-era expansions proved overzealous. Prologis, the largest owner of warehouse space in the world, ... also has a nascent logistics-as-a-service business called Prologis Essentials, but Maersk's initiative stands apart as a ...

Mar 30, 2023
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U.S.-Mexico Border Towns Draw Investment As Industrial Demand Grows
News

U.S.-Mexico Border Towns Draw Investment As Industrial Demand Grows

... Big names in industrial real estate and investment such as Prologis and Morgan Stanley are investing heavily in strategically located warehouse ... July. Industrial space in Mexico is also a growing market. Prologis owns about 44M SF of industrial there, 4M SF ...

Feb 08, 2023
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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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Tishman Speyer, Mitsui Fudosan America Double Down On U.S. Industrial With Newly Formed JV
News

Tishman Speyer, Mitsui Fudosan America Double Down On U.S. Industrial With Newly Formed JV

... arm is led by Andy Burke, who previously worked for Prologis and Terreno Realty Corp. Now that it has teamed up ...

Nov 08, 2022
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Germany
News

Prologis Pivoting Away From Spec, Ramping Down Dispositions As Market Softens

... basis. The 165M SF Duke Realty Corp. portfolio, which Prologis acquired earlier this month, closed the quarter with 99% ... its guidance for property dispositions, Arndt and Moghadam said. Prologis is also reducing its development activity as construction and ...

Oct 19, 2022
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Stephanie Rodriguez, then with Duke Realty, speaking at the National Association of Real Estate Editors conference in December 2021.
News

Duke Realty Execs Land At Colliers, CRG After Prologis Buyout Closes

... become national director, the firm announced Tuesday. The departures follow Prologis' $25.6B acquisition of Duke Realty, which sent shockwaves ... lose their jobs, with about 40 reportedly moving to Prologis on a permanent or temporary basis. Duke CEO Jim ...

Oct 07, 2022
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Prologis Names New President As Duke Merger Moves Forward
News

Prologis Names New President As Duke Merger Moves Forward

... market capitalization by 32x," Moghadam said in the release. Prologis made waves earlier this year with its planned $25.6B ... which is expected to be complete in the fourth quarter. Prologis noted in August that the massive backlog of excessive warehouse ...

Sep 27, 2022
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