Exterior view of Pier 1 Office

About Prologis

Built for What Comes Next

We build the intelligent infrastructure that powers global commerce, seamlessly connecting the physical and digital worlds. With unmatched scale, innovation and expertise, we build what comes next, empowering our customers, communities and the industries that keep the world moving.

Infrastructure for Modern Supply Chains

Built to Perform at Scale

#1

REIT in global sustainability and #2 rank in U.S. for onsite solar generation

~4.1%

equivalent amount of GDP in countries where goods flowed through our facilities

  1. Corporate Knights 2025 Global 100 Most Sustainable Corporations in the World and Solar Energy Industries Association (SEIA) 2024.
  2. Economic Impact of Operations in Prologis Warehouses (Oxford Economics, 2025).

Our History

AMB is founded

Douglas Abbey, Hamid Moghadam and T. Robert Burke (joined in 1984) establish AMB Property Corporation, focusing on investment in office, industrial and community shopping centers on behalf of major institutional investors.

Douglas Abbey, Hamid Moghadam and T. Robert Burke with the AMB logo

Refining AMB's investment strategy

AMB refines its investment strategy over the next two years by exiting office markets and focusing on industrial and shopping centers in infill trade areas.

Exterior view of a building with the original ProLogis logo

ProLogis is founded

The company that is to later become ProLogis is incorporated as Security Capital Industrial Trust (SCI).

Exterior view of a building with the Prologis logo

SCI goes public

SCI makes its initial public offering on the New York Stock Exchange.

Image of the original stock certificate

Global expansion

SCI expands outside the United States for the first time with acquisitions in Mexico.

Exterior view of a Prologis building in Mexico

AMB goes public

AMB closes its initial public offering, with more than $2.8 billion in assets.

A group of people at the AMB initial offering

AMB expansion

The company establishes its first European office in Amsterdam.

A group of men holding awards at a ceremony

SCI becomes ProLogis

SCI officially changes its name to Prologis. The company acquires Meridian Industrial Trust for $1.5 billion.

Warehouse with conveyor belts and ProLogis logo

AMB focuses on industrial

AMB exits community shopping center investments to focus on industrial properties in targeted markets.

Exterior view of a shopping center

First property fund formed

Prologis forms its first property fund, Prologis California ($556 million), and the Prologis European Property Fund.

Aerial view of a parking lot with trucks and the ProLogis European Properties logo

Entry into Japan

AMB announces its entry into the Japanese market.

View of the Japanese flag outside of a building

International expansion

AMB launches its international expansion program focused on trade-centric locations in Mexico, Europe and Asia.

A collage of images of buildings

Entry into China

ProLogis is added to the S&P 500. The company announces its entry into the Chinese market.

The Chinese flag flying with buildings in the background

AMB expands private capital products

AMB launches its first open-end commingled fund and expands into direct development and private capital products.

Workers on lifts installing steel beams

ProLogis acquisitions continue

ProLogis acquires Keystone Industrial Trust for $1.5 billion. The company forms its first joint venture in China with Suzhou Logistics Center Co. Ltd.

Exterior view of a ProLogis building with flags

ProLogis merger with Catellus

ProLogis completes a merger with Catellus, a North American industrial development company, for $5.3 billion.

Interior view of a warehouse with the Catellus logo

ProLogis enters the Fortune 1000

ProLogis becomes a Fortune 1000 company. The ProLogis European Properties Fund completes its initial public offering on the Euronext exchange in Amsterdam.

Fortune 1000 logo

Industry-first sustainability report

ProLogis releases the real estate industry’s first annual sustainability report, well ahead of the competition.

Exterior view of a building

AMB secures future capital

AMB completes its equity offering, fortifying the balance sheet and securing projected capital needs through 2012.

Exterior view of a building with the AMB logo

AMB forms Mexico Londo Logistico

AMB forms Mexico Fondo Logistico, the first of its kind industrial venture for Mexican pension funds (AFORES).

Flag of Mexico flying over the city

JV with Allianz

AMB forms a 470 million-euro joint venture with Allianz Real Estate, marking Allianz Real Estate’s largest joint venture and biggest foray into the logistics space at that time.

Exterior view of a building with the Allianz logo

A merger of equals

ProLogis and AMB complete a merger of equals to create the preeminent global industrial real estate company as Prologis, with more than $40 billion of assets under management and a platform of logistics and distribution facilities on four continents.

A Prologis banner displayed on the outside of a building

Prologis assumes control of Prologis European Properties (PEPR)

Prologis assumes full control of PEPR, liquidating the fund and adding 210 facilities across 11 countries.

Exterior view of a building from a highway at night

Nippon Prologis REIT, Inc. (NPR) goes public

Nippon Prologis REIT completes its IPO on the Tokyo Stock Exchange, strengthening Prologis’ presence in Japan.

Hamid Moghadam ringing the bell at the Tokyo Stock Exchange

JV with Norges Bank

Prologis European Logistics Partners SARL, a joint venture with Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global, closes with an initial acquisition of 195 Class-A properties comprising 49 million square feet (4.5 million square meters).

Exterior view of a building at night

FIBRA Prologis goes public

Prologis completes its IPO for FIBRA Prologis, the first IPO for a FIBRA in Latin America in 2014. FIBRA Prologis comprises approximately 30 MSF (2.8 MSM) across six markets in Mexico.

FIBRA Prologis logo with a building in the background

KTR Capital Partners acquisition

Prologis completes the acquisition of the real estate assets and operating platform of KTR Capital Partners (KTR) and its affiliates for a total purchase price of $5.9 billion.

Exterior view of a building with the Prologis logo

Rating increase from Moody’s

Moody's Ratings upgrades Prologis, L.P.'s senior unsecured rating to A3 from Baa1. The rating service also upgrades the ratings on Prologis’ preferred stock to Baa1 from Baa2.

View of buildings with the Moody's logo

S&P global ratings increase

S&P Global Ratings raises Prologis, Inc.'s rating to A- from BBB+, citing its diversified real estate portfolio and potential for rent growth.

Aerial view of a building with solar panels and the S&P logo

DCT acquisition

Prologis completes an all-stock acquisition of DCT Industrial Trust for $8.5 billion.

Exterior view of a building with the DCT Industrial logo

Prologis Essentials is born

Prologis expands beyond real estate and launches the Essentials platform, addressing critical fulfillment center challenges with next-generation solutions.

Worker on a forklift in a warehouse

IPT acquisition

Prologis completes an acquisition of the wholly owned real estate assets of Industrial Property Trust for approximately $4 billion in cash.

View of dock doors with the Industrial Property Trust logo

Liberty Property Trust acquisition

Prologis completes an all-stock acquisition of Liberty Property Trust for $13 billion.

Exterior view of a building with the Liberty Property Trust logo

Prologis Mobility launches

Recognizing a need for fleet electrification at scale, Prologis Mobility officially launches as a business line of Prologis Essentials.

 

Trucks charging at a charging station with the Prologis logo

Net zero reduction target set

Prologis becomes the first logistics REIT with a science-based carbon-emissions target, updating an ambitious company goal to reach net zero by 2040. 

Aerial view of a building with solar panels

Duke Realty acquisition

Prologis completes an all-stock transaction of Duke Realty for approximately $23 billion.

Truck at a dock door with the Duke Realty logo

Ambitious solar deployment goal set

A key component of the net zero goal, Prologis set an ambitious new target of reaching 1 Gigawatt of solar capacity, supported by storage.

Solar panels on a roof with a colorful sunset

Data centers become a part of Prologis’ real estate strategy

Driven by AI and the digital economy, Prologis enters data center development to support hyperscaler demand.

Aerial view of a data center

50 gigawatts of solar deployed

Prologis deploys 50 megawatts of solar capacity, supported by storage.

View of a Prologis building with rooftop solar

Prologis Mobility reaches milestone achievement

Prologis Mobility surpasses 10 million electric miles, marking a major milestone in electric vehicle infrastructure growth.

Trucks charging at a charging station

Solar milestone achieved

Prologis surpasses its solar goal by reaching 1.1 gigawatts of solar capacity supported by storage.

Workers installing solar panels on a roof
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Putting Our People First
Careers

We are builders, thinkers and doers. We create more than space; we power global commerce. Here, careers aren’t just jobs. They’re pathways to building what comes next.

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Culture and Talent

With a culture grounded in collaboration, sustainability and bold thinking, our people are supported to make an impact and given the freedom to drive change.

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Prologis' leadership goes well beyond scale. It's about how we operate, our commitment to excellence, the strength of our long-term relationships and our ability to anticipate what's next. That mindset defines our culture and continues to guide how we lead.

Dan Letter, CEO, Prologis
Dan Letter in a warehouse

Awards and Recognition

Our work is recognized across the industry for its impact, innovation and leadership. Explore the awards that reflect our commitment to excellence.