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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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Industrial distribution
News

Prologis: Expect Industrial Rents To Rise Another 10% This Year

... SF of industrial space in the development pipeline, according to Prologis. Of that, 70% is pre-leased.  Surging demand will ... conditions.  ​​“Space in our markets is effectively sold out,” Prologis Chief Financial Officer Thomas Olinger said in the company’s ...

Feb 10, 2022
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Prologis CEO To Tenants Fighting For Its Properties: I Know What You Did Last Summer
News

Prologis CEO To Tenants Fighting For Its Properties: I Know What You Did Last Summer

... initial shock of the coronavirus pandemic last year, allows Prologis to deny lease renewals for tenants it believes attempted to ... and operating margins," Anderson said. In the first quarter, Prologis purchased $225M in land, and the company expects its pace ...

Apr 20, 2021
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Prologis: Excess Inventory Could Lead To 800M SF More Warehouse Demand
News

Prologis: Excess Inventory Could Lead To 800M SF More Warehouse Demand

... the need for far more warehouses than previously thought. Prologis estimates that logistics users need 800M SF more warehouse ... because of continued issues in the supply chain, according to Prologis' report, which is crimping retailers' abilities to keep ...

Aug 03, 2022
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Prologis Pulaski Distribution Center
News

Prologis Denying Most Rent Relief, Halting Spec Development

... and are all structured for repayment this year, Prologis Chief Financial Officer Thomas Olinger said.  The company's ... properties might come from speculative development slowing down, while Prologis Chief Investment Officer Eugene Reilly pointed to progress ...

Apr 22, 2020
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Golden Gate Bridge
credit: Audriusa (released to public domain)
News

Prologis CEO Robbed, Says S.F. Crime Is 'Unacceptable,' Remains Committed To The City

After Prologis CEO Hamid Moghadam was robbed at ... 't improve, it wouldn't be hard for Prologis to relocate its headquarters from the city. Moghadam ... where he started the company 40 years ago. Prologis is the world’s largest industrial landlord. Since ...

Jul 29, 2022
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Susan Uthayakumar Pic
News

Prologis Appoints New Sustainability Head To Lead Warehouse Decarbonization Push

... its climate goals with a key hire. San Francisco-based Prologis has appointed Susan Uthayakumar as the firm’s new chief ... said in a statement. "That will be my focus at Prologis." Prologis says it is currently on track to add 400 megawatts ...

Jan 04, 2022
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Distribution center
News

Prologis Reportedly Interested In Buying GLP, Precluding Record IPO

... in assets under management worldwide, but the publicly traded Prologis dwarfs it in both categories. According to its first- ... worldwide, with $97B worth of total assets under management. Prologis is no stranger to massive acquisitions, having purchased DCT ...

May 12, 2019
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Prologis CEO: Industrial Tenants In ‘Panic Mode’ When It Comes To Snapping Up Space
News

Prologis CEO: Industrial Tenants In ‘Panic Mode’ When It Comes To Snapping Up Space

... wake of the coronavirus pandemic. “Demand is just crazy,” Prologis CEO Hamid Moghadam said in the company’s Q3 earnings ... Times. “Space in our markets is effectively sold out,” Prologis Chief Financial Officer Thomas Olinger said in the earnings call ...

Oct 25, 2021
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Germany
News

Prologis Buying DCT Industrial For $8.4B

... .S. industrial giants are pursuing behemoth status with a merger. Prologis has come to terms to buy DCT Industrial Trust for ... owns 71M SF of industrial properties. The purchase will allow Prologis to gain a deeper foothold in high-growth industrial markets ...

Apr 29, 2018
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