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Tim Arndt Prologis
News

Prologis Names New CFO With An Eye To Grow Non-Real Estate Revenue

... growth within the warehouse industry. During Olinger’s tenure, Prologis grew its portfolio from less than 150M SF to 1B ... including treasury, cash management and financial planning and reporting. Prologis leases out space to roughly 5,800 companies across 19 ...

Feb 15, 2022
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Institutional Advisor sells a 307K SF industrial property to Prologis for $55m.
News

Prologis Acquires Orange County Industrial Property For $55M

... .  The building acquisition adds to Prologis Southern California portfolio. As of December, Prologis owns or manages 221 industrial buildings ... SF in the Los Angeles and Orange County area. Prologis' acquisition of DCT Industrial gives the company a larger ...

Apr 30, 2018
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Prologis
News

Prologis Tapping Stiles Corp For Major Retail As Industrial Park Complement

... additional businesses in this economy has become more competitive,” Prologis East region president Nick Kittredge said to the paper. ... at the ready is definitely a differentiating factor.” Prologis is selling land contiguous to Beacon Lakes to Stiles ...

May 31, 2017
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handshake
News

Prologis Enters $611M European Deal, Grabs JV Including Germany's Allianz

... firm's first major move into Europe this year. Prologis Targeted Europe Logistics Fund will acquire Europe Logistics Venture ... and the Netherlands. The merger strengthens the partnership between Prologis and Allianz, with experts saying the assets in each ...

Jan 17, 2017
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Prologis, Norges Bank Sell $1.1B Industrial Portfolio To Singapore's Mapletree
News

Prologis, Norges Bank Sell $1.1B Industrial Portfolio To Singapore's Mapletree

... Bank accounting for the remaining ownership stake in both. Prologis Chief Investment Officer Michael Curless told CoStar that the ... strategy. The disposition of assets occurred not long after Prologis' $8.4B acquisition of DCT Industrial, which added 71M ...

Oct 03, 2018
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South Seattle multistory warehouse
News

Prologis Builds First Ground-Up Multistory Warehouse In U.S.

... want their product delivered in an hour or two, Prologis Senior Vice President and Market Officer for Seattle Richard Kolpa ... first ground-up multistory warehouse in the United States, Prologis has many multistory logistic centers abroad and is adding more ...

Mar 18, 2018
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Prologis All Smiles After Facebook Buy
News

Prologis All Smiles After Facebook Buy

... property, named Menlo Science & Technology Park, since 1998. Prologis SVP Mark Hansen says the company has spent the past ... several years planning for the modernization of this site. Prologis will provide ongoing management services on behalf of Facebook. ...

Feb 09, 2015
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Hamid Moghadam Prologis
News

Prologis CEO: Industrial Supply Could Outpace Demand By Next Year

... , we now expect supply to slightly outpace demand in 2018," Prologis CEO Hamid Moghadam said on the REIT's Q1 earnings ... Empire.  Given the coming oversupply in many U.S. markets, Prologis is beginning to shift its focus to Europe. The REIT ...

Apr 25, 2017
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Prologis Snaps Up Center Denver Site, Plans Industrial Development
News

Prologis Snaps Up Center Denver Site, Plans Industrial Development

Industrial real estate giant Prologis aims to expand its already sizable Denver footprint with the ... in 2016, the Denver Business Journal reports. It fits with Prologis' general strategy, which focuses on infill locations, and owning and ...

Nov 17, 2016
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Hamid Moghadam Prologis
News

Prologis Buys KTR for $6B

... Management that will now consist of $11B across two continents. Prologis CEO Hamid Moghadam (pictured at REITWeek 2014) says KTR was ... % increase in its US portfolio. Pictured: Hamid with fellow Prologis execs Gene Reilly and Tom Olinger, and former CEO Walt ...

Apr 21, 2015
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