Prologis: Cramer’s Top Takeaways

Jim Cramer and Hamid Moghadam discuss e-commerce, all-time low vacancy rates and what Prologis calls “last touch” logistics, which is where much of the company’s business is focused. Prologis clusters its facilities where the action is – near large affluent populations – and where it is necessary to densify warehouse space by building multistory facilities. Watch the video here.

How did a warehouse company become one of America’s leaders in renewable energy? Thanks to emerging trends in the production and regulation of renewables, Prologis figured out how to turn the flat roof of a warehouse into an emissions-reducing, money-producing power plant. 

Prologis is constructing a three-floor 580,000-square-foot warehouse just outside downtown Seattle that is scheduled to be completed in 2018. While multistory warehouses are common in countries like Japan and Singapore, where vacant land is harder to find, this will be the first building of its kind in the U.S.

While logistics rent growth was fastest in the U.S. in 2016, Europe could outpace it in the next few years. The latest Prologis Logistics Rent Index measured performance in 60 markets across the U.S., Europe, Latin America and Asia.