Prologis in the News

Filtered by:
Industry Innovation

Puget Sound Business Journal: Hundreds of real estate experts from across North America swooped into Seattle to see Georgetown Crossroads, the first conventional modern multistory industrial building in the U.S. A visit to Georgetown Crossroads was a highlight of NAIOP’s Last Mile Conference, which examined how e-commerce and other factors are disrupting the industrial market.

Customer Experience

Puget Sound Business Journal: Amazon has Prime Now one-hour delivery. Walmart is launching grocery delivery. More and more, consumers expect their orders to be delivered immediately after they’re placed. That shift is driving companies to put distribution centers closer and closer to their urban consumers.

Customer Experience

Bisnow: Prologis’ plan is to get close to people, Kenney said. To that end, the company has been investing in real estate closer to urban centers. Prologis has invested in multistory warehouses that better fit into tighter infill markets, and the company recently purchased several smaller industrial buildings to be used as warehouses.

Corporate News

Logistics Management: DCs are hot, especially for e-commerce fulfillment. But with so much demand, space availability is not necessarily ready to be had. Companies examining their supply chains need to be savvy about what they’re up against in terms of site selection—and realize that an ideal location will come at a higher cost.

Customer Experience

GlobeSt.com: Prologis’ Hamid Moghadam gives insights on how to keep customers satisfied and grow a company in a market where product for sale is scarce during BMC’s annual Real Estate Conference here.

Customer Experience

GlobeSt.com: Prologis' Larry Harmsen charts the ways in which his company's recently introduced program addresses the normally cumbersome annual reconciliations aspect of leasing in this exclusive commentary.

Corporate News

Forbes: 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.

Corporate News

The Economist: For years smoldering 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.

Corporate News

New York Times: Multistory warehouses are unproven in the United States, but potential tenants for the Seattle property have been receptive to the idea, said Larry Harmsen, chief operating officer for the Americas at Prologis. The company also plans to develop such a property in San Francisco. "They're not just crazy experiments," he said.