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Prologis Considering Developing Studio Space In LA's Arts District
News

Prologis Considering Developing Studio Space In LA's Arts District

... to Urbanize LA. Relativity Architects is designing the project. Prologis confirmed its plans to Bisnow, adding that its application ... -touch facility." In its third-quarter earnings call, Prologis also said it would be transitioning away from speculative ...

Nov 28, 2022
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Prologis Snaps Up Orange County Office Campus For $96M
News

Prologis Snaps Up Orange County Office Campus For $96M

... office properties in Orange County selling to industrial developers.  Prologis has purchased the Pacific Vista campus at 25500-25550 ... Cole said. On an earnings call late last year, Prologis executives described a frenzied market for warehouse and last-mile ...

Feb 04, 2022
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LA Metro Sues Prologis Over Contaminated Site Near Chinatown
News

LA Metro Sues Prologis Over Contaminated Site Near Chinatown

... Angeles County Metropolitan Transportation Authority, or Metro, is suing Prologis over a site at 203 East College St., not far ... that leased the site are also named.  Representatives for Prologis and Metro didn't immediately respond to requests for comment ...

Mar 09, 2023
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Prologis at 12425 Los Nietos, LA
News

Why Prologis Acquired DCT For $8B

... developer of warehouses, manufacturing and distribution centers worldwide. Prologis’ board of directors voted in favor of the ... Dallas, Seattle and Northern and Southern California. Currently, Prologis operates 379M SF in the Americas region, including the ...

Apr 30, 2018
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Prologis President of the West Region Kim Snyder speaks to a crowd of high school kids and their parents during the launching of Prologis and nonprofit EXP the "EXP Internship Program: Powered by Prologis."
News

To Combat Shortage Of Industrial Workers, Prologis Internship Program Aims To Attract High School Kids

... in pursuing careers in logistics, distribution and transportation, Prologis officials said. The industrial giant, which has assets ... paid summer internship with a local industrial company. Prologis is encouraging its tenants to participate by offering ...

Nov 14, 2018
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Complaint By Carson Residents Against Prologis Highlights Growing Pains For Industrial Developers
News

Complaint By Carson Residents Against Prologis Highlights Growing Pains For Industrial Developers

... action lawsuit in Los Angeles County Superior Court that names Prologis, the owner of a warehouse near Avalon and Alondra boulevards ... and blocked the decomposing items from moving along.  A Prologis spokesperson told the LA Times that the fire is not ...

Oct 28, 2021
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This Week's LA Deal Sheet
News

This Week's LA Deal Sheet

PEOPLE Nevada-based Dermody Properties has hired Jason Lu as an investment manager based in the company’s Irvine office. Prior to working for Dermody, Lu was a capital markets analyst for JLL, where he was responsible for underwriting more than $1B in ...

Apr 30, 2023
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SoCal-Focused Rexford Industrial Reports Income Up 40% Despite Market Cooldown
News

SoCal-Focused Rexford Industrial Reports Income Up 40% Despite Market Cooldown

... said. Other major players in the SoCal market, such as Prologis, are also calling the slowing a normalization, but are proceeding ... %, I wouldn't be surprised if it backslid some,” Prologis Managing Director for Global Strategy and Analytics Chris Catan said ...

Jul 20, 2023
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With Occupancy High, Industrial REITs Prepare For New Supply And The Vacancy That Comes With It
News

With Occupancy High, Industrial REITs Prepare For New Supply And The Vacancy That Comes With It

... warned of increasing vacancy rates as new supply delivers.  Prologis, for example, anticipates a demand slowdown as occupiers ... REITs, reflecting sustained high occupancy and stable rental rates. Prologis’ revenue was up 45% compared to the previous quarter, ...

Apr 27, 2023
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As Modern Warehouses' Energy Needs Grow, Owners And Developers Look To Solar
News

As Modern Warehouses' Energy Needs Grow, Owners And Developers Look To Solar

... recognizing that continuous growth in electrical consumption and electrification,” Prologis U.S. West Region President Kim Snyder told Bisnow.  ... it works to address current and anticipated energy needs. Prologis ranked third in U.S. corporate on-site solar ...

Mar 28, 2022
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