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Warehouse Data Center Illustration
News

Viable But Not Preferred: Why Warehouse Conversions Won’t Quench Data Center Demand

... for new developments is practically nonexistent.  Last month, Prologis announced it had sold a Chicago warehouse that ... the property’s mechanical, electrical and plumbing systems. Prologis leveraged its relationships with utilities to bring sufficient power ...

Jan 08, 2025
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3333 Broadway, where Urban American, M Squared and a consortium of lenders including Bank of America Community Development Banking are now the full owners.
News

This Week's N.Y. Deal Sheet: Brookfield Sells 3333 Broadway For $324M

... reported. The seller of the nine properties was Thor Equities. *** Prologis is buying 440 Kingsland Ave., a site in Brooklyn’s ...

Jan 07, 2025
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Federal Reserve Chair Jerome Powell FOMC meeting Nov 7 2024
News

Fed Cuts Rates But Signals A Pause Ahead, Triggering Stock Market Plunge

... Nareit Equity REITs index down 4% on the day. BXP, Prologis, Regency Centers, AvalonBay Communities and others fell by more than ...

Dec 18, 2024
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This Week's LA Deal Sheet: CIM Buys La Brea Storefronts
News

This Week's LA Deal Sheet: CIM Buys La Brea Storefronts

... Manufacturing at a 559K SF warehouse in Torrance owned by Prologis where it had an existing lease.  The renewal at 2027 ...

Dec 13, 2024
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Prologis Sells Chicago-Area Data Center Development As It Continues Heavy Push Into The Sector
News

Prologis Sells Chicago-Area Data Center Development As It Continues Heavy Push Into The Sector

... .  The move to sell the data center development comes as Prologis told Bisnow earlier this summer it plans to spend between ... AI thought leaders to facilitate their growing data center needs,” Prologis Global Head of Data Centers Chris Curtis said in the ...

Dec 11, 2024
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An image of 3750 Nome St., a 4.94-acre industrial outdoor storage facility near DIA.
News

This Week's Denver Deal Sheet: IOV Adds 10th Denver Property To Portfolio

... the industrial and logistics group. Formerly a vice president at Prologis, Garton managed Colorado’s largest institutionally owned industrial portfolio. At ...

Dec 09, 2024
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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 Walks Away From Purchase Of Former Raiders Practice Facility In Oakland
News

Prologis Walks Away From Purchase Of Former Raiders Practice Facility In Oakland

... and Alameda County is valued at $24M — the same price Prologis bid — and includes office space, soccer fields, training areas and ... , County and Roots as they move forward,” a spokesperson for Prologis told The Mercury News in an email. Oakland Pro Soccer ...

Dec 04, 2024
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dall-e 3 construction ios
News

Tariff Threat May Fuel Construction Materials Stockpiling And Spur Industrial Outdoor Storage Use

... a major supplier of lumber, aggregates, steel, aluminum and asphalt.  Prologis Managing Director of Global Strategy Chris Caton told the BBC ...

Dec 04, 2024
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Ed Easton in his office
News

The Easton Group's Next Generation Taking 50-Year-Old Family Business In New Direction

... partnered with DCT Industrial Trust, which was later bought by Prologis, and spent two years filling the 16-foot deep lake ...

Nov 22, 2024
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