Prologis Georgetown Crossroads is being developed in Seattle, Washington.
Real Estate Developer: Building Logistics Facilities to Meet Demand
Industrial real estate is an important component of the global supply chain that helps keep the world’s goods moving from makers to markets. Consumption, trade, supply chain reconfiguration and e-commerce—all of which are on the rise—are key drivers of demand for industrial real estate. Prologis works as a real estate developer to ensure high-quality logistics facilities are in position to serve that demand around the world.
Where are Industrial Real Estate Facilities Located?
There are two basic location strategies for industrial real estate. Some industrial real estate is located adjacent to key transportation hubs—seaports, highway and rail junctions, and airports. Increasingly, in response to burgeoning e-commerce and consumer demand for same-day and next-day fulfillment, industrial real estate facilities are also located in infill locations within or proximate to large population centers.
Build-to-Suit, or BTS, is an approach to logistics real estate development where Prologis manages the entire process of delivering a facility tailored to a customer’s specific needs. BTS is an ideal option for companies with unusual or complex specifications for a facility. Prologis BTS services are unique in that they provide a streamlined process for customer-led development that draws on the breadth and depth of our experience in logistics real estate.
To enable quick and efficient delivery, e-commerce providers need distribution centers located close to their end consumers. As a result, many Prologis customers gravitate to major population centers where logistics space is limited. Fortunately, Prologis has been securing and permitting land in key locations for decades.
Prologis develops logistics real estate facilities designed to ensure our customers and communities thrive and prosper, today and tomorrow. That’s why our facilities integrate geographically relevant sustainable design features. Prologis leads the industrial real estate industry in certified sustainable logistics facilities.