Forbes: Amazon's Landlord: How The E-Commerce Boom Is Propelling Warehouse King Prologis To New Heights
Because if you believe in e-commerce, you believe in Prologis. While internet shopping has devastated demand for traditional retail spaces, it has had the opposite effect on industrial real estate. Amazon is Prologis' largest tenant, occupying 16 million square feet. (Prologis is also Amazon's largest landlord, accounting for 13% of the warehouse space it operates.) Why? Getting a book to you in less than 48 hours (Amazon Prime's promise) means already having it--and several thousand other items--nearby when you order.
The Economist: The Future of Online Retailing is Bright
For years smouldering hazardous waste sparked fires among the rubbish. But Bleecker Street is now dotted with empty shops, their landlords unable to find tenants. The lot in New Jersey has been cleaned up and turned into a giant warehouse by Prologis, the world’s biggest industrial-property firm. The chemical fires are out. Delivery trucks are in.
Fortune: Delivery Is Getting More Complex, but Will Soon Be Faster and Cheaper
Once again, how goods flow from manufacturers to consumers is about to change. Over the next decade, prompted by new technologies and business processes, this transformation will reduce supply chain costs and reorder its components.
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, has again been recognized by the Global Real Estate Sustainability Benchmark (GRESB) and the Dow Jones Sustainability...
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss third quarter results, current market conditions...
The Board of Directors of Prologis, Inc. (NYSE: PLD) declared a regular cash dividend for the quarter ending September 30, 2019, on the following securities: -- A dividend of $0.53 per share of...
Rents for industrial real estate — a category that largely comprises warehouses — are rising at double-digit rates in more than a dozen US markets.