24 Facts About Prologis (2024)

24 Facts About Prologis (1)

Source: Greenbiz.com

What is Prologis? Prologis is a global leader in logistics real estate. They own, manage, and develop high-quality warehouses and distribution centers. Why should you care? Their properties are crucial for the supply chain, ensuring goods move efficiently from manufacturers to consumers. Where are they located? Prologis operates in major markets across North America, Europe, Asia, and Latin America. How big are they? They manage over 1 billion square feet of logistics space. What makes them special? Their focus on sustainability and innovation sets them apart. Who benefits? Retailers, manufacturers, and logistics providers rely on Prologis for their storage needs. When did they start? Founded in 1983, they've grown into a powerhouse in the industry.

What is Prologis?

Prologis is a global leader in logistics real estate. They own, manage, and develop high-quality properties in the world's most vibrant markets. Here are some intriguing facts about Prologis that highlight their impact and reach.

  1. Founded in 1983
    Prologis was established in 1983, initially focusing on industrial real estate. Over the years, they have expanded their portfolio significantly.

  2. Headquartered in San Francisco
    Their main office is located in San Francisco, California. This strategic location helps them manage operations across the globe.

  3. Global Presence
    Prologis operates in 19 countries, making them a truly global company. Their properties are spread across North America, Europe, Asia, and Latin America.

  4. Over 990 Million Square Feet
    They own and manage over 990 million square feet of logistics and distribution space. This vast area supports various industries, including e-commerce, automotive, and retail.

  5. Publicly Traded
    Prologis is listed on the New York Stock Exchange under the ticker symbol PLD. They are part of the S&P 500, reflecting their financial stability and market influence.

Prologis' Business Model

Understanding Prologis' business model gives insight into how they maintain their leadership position in logistics real estate.

  1. Build-to-Suit Projects
    They specialize in build-to-suit projects, creating custom facilities tailored to specific client needs. This approach ensures optimal efficiency and satisfaction.

  2. High Occupancy Rates
    Prologis boasts an impressive occupancy rate of over 95%. This high rate indicates strong demand for their properties and effective management.

  3. Sustainable Development
    Sustainability is a core part of their business model. They focus on developing eco-friendly buildings, reducing carbon footprints, and promoting renewable energy.

  4. Customer-Centric Approach
    They prioritize customer satisfaction, offering flexible leasing options and top-notch property management services. This approach helps build long-term relationships with clients.

  5. Technological Integration
    Prologis integrates advanced technology into their operations. They use data analytics, automation, and smart building systems to enhance efficiency and service quality.

Financial Strength of Prologis

Prologis' financial strength is a testament to their successful business strategies and market position.

  1. Market Capitalization
    Their market capitalization exceeds $100 billion, making them one of the largest real estate investment trusts (REITs) globally.

  2. Strong Revenue Growth
    Prologis has consistently reported strong revenue growth. Their diversified portfolio and strategic acquisitions contribute to this financial success.

  3. Dividend Payments
    They have a history of paying dividends to shareholders, reflecting their profitability and commitment to returning value to investors.

  4. Investment Grade Credit Rating
    Prologis holds an investment-grade credit rating from major rating agencies. This rating underscores their financial stability and low risk.

  5. Strategic Acquisitions
    They regularly engage in strategic acquisitions to expand their portfolio and market reach. These acquisitions help them stay competitive and grow their asset base.

Prologis' Impact on the Industry

Prologis has a significant impact on the logistics and real estate industries, setting trends and standards.

  1. Innovative Solutions
    They are known for innovative solutions in logistics real estate, such as multi-story warehouses in urban areas to maximize space efficiency.

  2. Industry Leadership
    Prologis often leads industry discussions on logistics and real estate trends. Their insights and research influence market practices and policies.

  3. Community Engagement
    They actively engage with communities where they operate, supporting local initiatives and promoting economic development.

  4. Workforce Development
    Prologis invests in workforce development, offering training programs and career opportunities in logistics and real estate.

  5. Environmental Stewardship
    They are committed to environmental stewardship, implementing green building practices and promoting sustainability in the industry.

Future Prospects for Prologis

Looking ahead, Prologis continues to position itself for future growth and innovation.

  1. Expansion Plans
    They have ambitious expansion plans, aiming to enter new markets and increase their global footprint.

  2. Technological Advancements
    Prologis is investing in technological advancements to enhance their operations and service offerings. This includes exploring artificial intelligence and IoT applications.

  3. Sustainability Goals
    They have set ambitious sustainability goals, including achieving carbon neutrality and increasing the use of renewable energy in their properties.

  4. Customer Experience
    Prologis is focused on enhancing customer experience through innovative solutions and personalized services. They aim to set new standards in logistics real estate.

Prologis continues to shape the logistics real estate industry with their innovative approaches and commitment to excellence.

Final Thoughts on Prologis

Prologis stands out in the logistics real estate sector. With a global presence, they manage properties in key markets, ensuring efficient supply chain operations. Their commitment to sustainability is evident through their green building initiatives and renewable energy projects. Prologis also prioritizes community engagement, supporting local economies and creating job opportunities. Their innovative approach to logistics real estate, combined with a focus on technology and data analytics, sets them apart from competitors. Investors find Prologis appealing due to their consistent financial performance and strategic growth plans. For businesses seeking reliable logistics solutions, Prologis offers a comprehensive and forward-thinking approach. Whether you're an investor, a business owner, or just curious about the logistics industry, Prologis provides valuable insights and opportunities. Their dedication to excellence and innovation ensures they remain a leader in the field.

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24 Facts About Prologis (2024)

FAQs

What is Prologis known for? ›

The leader in logistics real estate, Prologis has the expertise and agility to deliver groundbreaking solutions at scale.

How many properties does Prologis own? ›

As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia.

When did Prologis start? ›

Prologis was founded in San Francisco in 1983 and has been headquartered in the city for the past 40 years. We build, own and operate logistics real estate through all points of the supply chain and deliver solutions and services at scale so our customers can focus on growing their businesses.

How many people work at Prologis? ›

Prologis total number of employees in 2022 was 2,466, a 20.12% increase from 2021. Prologis total number of employees in 2021 was 2,053, a 5.55% increase from 2020.

Does Prologis pay well? ›

The average Prologis salary ranges from approximately $38,649 per year (estimate) for a Warehouse Worker to $380,285 per year (estimate) for a SVP Operations. The average Prologis hourly pay ranges from approximately $17 per hour (estimate) for a Housekeeper to $87 per hour (estimate) for a Creative Director.

Who is Prologis' biggest competitor? ›

Prologis's competitors
  • Prologis.
  • The Macerich Company.
  • Aimco.
  • SL Green Realty.
  • Simon Property Group.

What is the symbol for Prologis? ›

Stock Quote :: Prologis, Inc. (PLD)

How many customers does Prologis have? ›

Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.

What companies use Prologis? ›

Currently, Prologis controls more than 1 billion square feet of warehouses and distribution centers used by brands including Amazon, Home Depot, and FedEx. The company reported $1.96 billion in revenue during the first quarter of 2024.

Who is the CEO of Prologis? ›

Moghadam. Hamid Moghadam serves as the Chairman and CEO of Prologis.

Is Prologis public or private? ›

Prologis becomes a Fortune 1000 company. The Prologis European Properties Fund completes its initial public offering on the Euronext exchange in Amsterdam.

How much is the CEO of Prologis worth? ›

Hamid Moghadam's Net Worth

Hamid Moghadam has an estimated net worth of $647 Million. This is based on reported shares across multiple companies, which include PLUM CREEK TIMBER CO INC, and Prologis, Inc..

Prologis Inc Company Profile - GlobalDataHome - GlobalDatahttps://www.globaldata.com ›

Prologis Inc (Prologis) is a provider of logistics real estate solutions. It owns, develops, operates and maintains logistics facilities. Its service portfolio ...
Prologis (PLD 0.43%) has grown to be the biggest industrial real estate investment trust (REIT) in the world by dominating the e-commerce warehouse space, and i...

About | Prologis

Prologis
https://www.prologis.com
Prologis
https://www.prologis.com
Our people are the key to our success as we aspire to become the leading global real estate company, as measured by customer service, employee engagement, finan...

Who are Prologis major customers? ›

Amazon, the top company in the ranking, leased a total of 43.5 million square feet from ProLogis' portfolio. ProLogis is a real estate investment trust (REIT) headquartered in San Francisco, U.S., and one of the leading companies in the logistics real estate market worldwide.

Does Amazon use Prologis? ›

Since 2000, Prologis has provided Amazon with strategic distribution space in 19 markets, including the UK, China, Japan and the United States.

What are the competitive advantages of Prologis? ›

Our portfolio and development-ready land bank near large population centers is a proven competitive advantage for Prologis customers. Despite the uncertainty that prevailed in 2020, investment activity across our global platform was unabated, reflecting strong demand for high-quality logistics real estate.

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