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Prologis Tackles $26 Billion Development Pipeline as Demand and Leasing Reach Record Highs

E-Commerce Growth, Expanding Need for Space Propel Industrial REIT's Property Values
Industrial developer Prologis finished construction on a 1 million-square-foot facility in Tracy, California, for Amazon in 2021 after less than 12 months of construction. (Prologis)
Industrial developer Prologis finished construction on a 1 million-square-foot facility in Tracy, California, for Amazon in 2021 after less than 12 months of construction. (Prologis)
CoStar News
January 20, 2022 | 2:01 AM

The world's largest industrial developer and landlord is gearing up for what it expects to be another record-breaking year of demand as it begins chipping away at a $26 billion global construction pipeline.

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