History
Founded in 1991, ProLogis has grown to become the world’s largest owner, manager and developer of distribution facilities. The timeline below lists key events in the company’s history:
| 1991 | Company incorporated. |
| 1993 | K. Dane Brooksher named co-chairman and chief operating officer. |
| First operating properties acquired, primarily in southwestern United States. | |
| Acquisition of controlling interest in King-Lyons, an industrial developer with facilities concentrated in the San Francisco Bay Area. | |
| Company ends year with 11.4 million square feet under management. | |
| 1994 | Initial public offering on the New York Stock Exchange |
| Acquisition of controlling interest in Krauss-Schwartz, an industrial developer in Tampa, Florida. | |
| 1995 | Company ends year with 67.5 million square feet under management. |
| 1996 | Company ends year with 86.5 million square feet under management. |
| 1997 | Company acquires facilities in Mexico in its first expansion outside the United States. |
| First European office established in Amsterdam. | |
| 1998 | Acquisition of Kingspark Group Holdings, an industrial developer based in the United Kingdom. |
| Merger with Meridian Industrial Trust, an industrial developer based in San Francisco. | |
| Acquisition of Garonor S.A., a European industrial developer with assets concentrated near Charles de Gaulle airport in Paris. | |
| 1999 | Dane Brooksher named chairman and chief executive officer. |
| Formation of first property fund. ProLogis California Fund totals $556 million; primary investor is New York State Common Retirement Fund | |
| Formation of ProLogis European Properties Fund. | |
| 2000 | Company ends year with 171.7 million square feet under management. |
| 2001 | Company announces entry into Japan market |
| 2002 | Formation of $1 billion ProLogis Japan Properties Fund with Government of Singapore Real Estate |
| North American Property Fund V listed on Australian Stock Exchange as Macquarie ProLogis Trust. | |
| 2003 | ProLogis added to S&P 500. |
| 2004 | First joint venture in China with Suzhou Logistics Center Co. Ltd. |
| Acquisition of Keystone Property Trust, a U.S. industrial developer, for $1.6 billion. | |
| 2005 | Jeffrey H. Schwartz succeeds Dane Brooksher as chief executive officer. |
| Company completes merger with Catellus, a North American industrial development company, for $5.3 billion. | |
| 2006 | Company named to Fortune 1000. |
| ProLogis European Properties Fund completes initial public offering on Euronext exchange in Amsterdam. | |
| Company ends year with 422 million square feet under management. | |
| 2007 | 36% growth in assets owned and under management, to $36.3 billion |
| Company exceeds 510 msf of assets owned, managed and under development | |
| Record year for development starts ($4.1 billion) | |
| ProLogis acquires Dermody Properties (North America) | |
| Merger with Parkridge Industrial (Europe) | |
| Company expands into five new inland markets in China with an aggregate population of more than 60 million | |
| ProLogis enters Middle East with development project in Dubai | |
| First real estate company to join Chicago Climate Exchange and only U.S.-based real estate company to release sustainability report | |
| ProLogis ranked #1 in Real Estate on Fortune’s 2007 list of “America’s Most Admired Companies” |