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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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Industrials under pressure due to increased e-commerce
News

Prologis: The Next 10 Years In Logistics Real Estate

... will continue. Future industrial space will support what Prologis calls synchronized commerce, which involves retailers ramping up ... chain costs, these efficiency gains have significant implications, Prologis reports. Each 1% savings on transportation and ...

Sep 20, 2018
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Prologis Plunks Down $100M For Goose Island Warehouse
News

Prologis Plunks Down $100M For Goose Island Warehouse

... the rest of the building. The fully leased property guarantees Prologis a steady flow of cash, and the lucrative sale ... submarket, particularly in the pockets with newer, more versatile product." Prologis has been on a bit of an industrial buying spree ...

Mar 25, 2021
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Prologis Out, American Realty Advisors In On Maspeth Warehouse Buy
News

Prologis Out, American Realty Advisors In On Maspeth Warehouse Buy

... in Queens' Maspeth neighborhood. Industrial real estate powerhouse Prologis was in advanced talks to purchase the FedEx distribution ... on behalf of SunCap, through both the failed Prologis deal and the current American Realty Advisors negotiation. Recently ...

Feb 26, 2018
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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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