In less than two decades, ProLogis has emerged as a leading provider of distribution facilities, recognized around the world for its customer service and sustainability leadership. The timeline below highlights milestones in the company’s progress.
| 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. | |
| Company changes name to ProLogis. | |
| 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 | ProLogis ends year with 171.7 million square feet under management. |
| 2001 | ProLogis 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. |
| ProLogis completes merger with Catellus, a North American industrial development company, for $5.3 billion. | |
| 2006 | ProLogis named to Fortune 1000. |
| ProLogis European Properties Fund completes initial public offering on Euronext exchange in Amsterdam. | |
| ProLogis ends year with 422 million square feet under management. | |
| 2007 | 36% growth in assets owned and under management, to $36.3 billion. |
| ProLogis 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). | |
| ProLogis 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”. | |
| 2008 | ProLogis commits to developing all new facilities in the U.S. and U.K. for certification by LEED and BREEAM respectively. |
| ProLogis joins ENERGY STAR, a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy to improve corporate-wide energy performance. | |
| ProLogis ranked #1 in Real Estate on Fortune’s 2008 list of “America’s Most Admired Companies” for second year running. | |
| ProLogis leases 607,000 square feet of roof space to Southern California Edison for a first-of-its-kind, 2.4 megawatt rooftop solar panel installation. | |
| ProLogis named to Dow Jones Sustainability Indexes and nine KLD social indexes. | |
| Portland General Electric leases rooftop space from ProLogis in Portland, Oregon, for a second U.S. rooftop photovoltaic installation with a 1.1 megawatt generating capacity. | |
| ProLogis begins installation of its first photovoltaic system in Japan, generating one-megawatt of electricity on the roof of ProLogis Parc Zama. | |
| ProLogis achieves highest ranking for a REIT on the S&P 500’s Carbon Disclosure Project Report. | |
| Walter C. Rakowich named chief executive officer, replacing Jeff Schwartz; swiftly responding to the global credit crisis, ProLogis refinances or renegotiates debt maturities, halts new development starts and reduces operating costs. | |
| 2009 | ProLogis sells its China operations and its 20 percent interest in Japan Property Funds to GIC Real Estate for $1.3 billion, enabling the company to pay down debt and reposition. |