Prologis, Inc. PLD

PLD Company Overview

Prologis, Inc. is a global real estate investment trust (REIT) specializing in logistics and industrial real estate. The company owns, operates, and develops high-quality distribution facilities that support global supply chains, primarily serving e-commerce, retail, third-party logistics, manufacturing, and consumer goods companies. Prologis operates at the intersection of real estate and logistics infrastructure, with revenue primarily generated through long-term leases of warehouse and distribution properties.

Founded in 1983, Prologis has evolved through organic development and a series of major mergers and acquisitions, including the merger of AMB Property Corporation and ProLogis in 2011 and the acquisition of Duke Realty in 2022. The company is recognized for its scale, portfolio quality, and strategic locations near major population centers and transportation hubs, which provide competitive advantages such as high occupancy rates, pricing power, and customer stickiness.