)
Prologis makes its first major European deal of 2017.
Growing e-commerce demand has driven spec construction of industrial real estate and Prologis CEO Hamid Moghadam expects supply will soon outpace demand
Stiles Corp is tapped to develop nearly 500K SF of retail and entertainment space, including for Topgolf
Prologis' answer to urban area land crunch: Go up.
)
Industrial giant Prologis purchased a 307K SF warehouse and distribution center in Orange County for $55m.
)
Prologis' deal to buy a FedEx distribution center in Maspeth, Queens fell through after a stock market dip, and American Realty Advisors has swooped in.
)
Merger will give Prologis deeper penetration into Southern California, South Florida and New Jersey.
)
Prologis is among the developers increasing the value of its buildings by adding more sustainable and resilient features.
)
Tech will make warehouses more efficient in the age of instant consumer gratification.
)
Prologis and Norges Bank, Norway's sovereign wealth fund, have sold a $1.1B industrial portfolio they jointly owned to Singapore's Mapletree Investments.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.