About Prologis, Inc. (PLD)

Company Description:

Prologis, Inc. is a global leader in logistics real estate with a focus on high-barrier, high-growth markets. The company operates as a real estate investment trust (REIT), specializing in the ownership, acquisition, development, management, and leasing of industrial properties in strategic locations.

Prologis was founded by Hamid R. Moghadam and is currently headquartered in San Francisco, California, USA. It has become a key player in the logistics and distribution sectors, leveraging its vast network of properties to facilitate efficient global trade.

Main Product(s):

As an industrial REIT, Prologis primarily deals in logistics real estate, offering large-scale distribution facilities, warehouses, and related logistic services to a variety of tenants, including manufacturers, retailers, transportation companies, third-party logistics providers, and other enterprises.

Short History of Prologis, Inc:

• 1983 – Prologis was founded. It began by focusing on the warehouse and distribution center market.
• 1991 – The company went public as a REIT, marking a significant milestone in its expansion.
• 2005 – Prologis embarked on a strategic global expansion, entering markets in Europe and Asia.
• 2011 – Prologis merged with AMB Property Corporation, significantly expanding its portfolio.
• 2010s – The company capitalized on the e-commerce boom, which increased demand for its logistics facilities.
• 2021 – Prologis continued to grow, acquiring Duke Realty, another industrial property giant.