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4545 Airport Way Denver, CO 80239 CO Tel. 303-567-5000 Toll Free 800-566-2706 Fax 303-567-5605 |
Type: Public
On the web:
http://www.prologis.com
Employees:
1,100
Employee growth: (3.1%)
ProLogis is a pro when it comes to logistics. The industrial real estate investment trust (REIT) acquires and develops warehouses and distribution facilities for some 4,500 clients including retailers and manufacturers such as MolsonCoors and Unilever. The company owns more than 3,400 properties in North America, Europe, and Asia. All together, ProLogis owns, has stakes in, or is developing more than 600 million sq. ft. of space. The company is selective about development and usually only develops pre-leased properties. Its fund management operations oversee long-term property investments. ProLogis became the world's largest warehouse REIT in 2011 when it joined forces with smaller rival AMB Property.
Key numbers for fiscal year ending December, 2010:
Sales: $909.2M
One year growth: (25.7%)
Net income: ($1,270.5)M
Officers:
Chairman and Co-CEO: Hamid R. Moghadam
Co-CEO and Director: Walter C. (Walt) Rakowich
President and Chief Investment Officer: Theodore R. (Ted) Antenucci
Competitors:
CenterPoint Properties
First Industrial Realty
PS Business Parks
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