ProLogis
Speaking of I-55, ProLogis just leased a new space to Sanyo Electric Co. Inc. ... Park 55 development. The 215k SF lease is the second ProLogis has signed with Sanyo this month; at the beginning of ...
Apr 28, 2009
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Prologis Infuses More Capital Into 2 Major Funds, Clears Redemption Requests
... Karsten Kallevig, managing director of Global Strategic Capital at Prologis, said in a statement. “Now that external valuations ... .1B in industrial properties from Blackstone. Last month, Prologis CEO Hamid Moghadam said the industrial market is getting ...
Aug 29, 2023
News
Prologis Reaches $26B Deal To Buy Duke Realty
... prices at the time, according to its investor presentation. Prologis expects to realize between $310M and $370M in value ... acknowledged being a bit overzealous in its pandemic expansion. Prologis owns more Amazon-leased industrial real estate than any other ...
Jun 13, 2022
News
Prologis Predicts Lower Occupancy, Slower Cash Flow On Softening Industrial Market
... according to remarks by Chief Financial Officer Tim Arndt. But Prologis also expects occupancy to "step down" in the first quarter ... Empire for the first time in 20 years. But Prologis executives said industrial demand in these markets will normalize later ...
Jan 17, 2024
News
Prologis CEO Moghadam: Industrial Is Returning To Normal After 'Ridiculous' Few Years
... downward pressure to the leasing velocity in the market, Prologis Managing Director for Global Strategy and Analytics Chris Catan ... cargo for the busy holiday shopping season, Caton said. Prologis executives said the dynamics at play in Southern California, ...
Jul 18, 2023
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
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
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
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
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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