Prologis announces large-format spaces sold out
The company leased 64 million square feet last quarter, setting a record, and has only four spaces over 500k square feet available.
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Global logistics real estate company
prologis.comLast updated
In short: Prologis achieved record leasing activity and raised its 2026 outlook while expanding significantly into data centers and renewable energy projects.
The company leased 64 million square feet last quarter, setting a record, and has only four spaces over 500k square feet available.
Demand remains stable. Warehouse activity grows while new supply slows. Rents turn positive.
The first of 10 projects in Carson, CA, powers 4,670 homes in underserved communities, saving residents 20% on bills.
In Q1, 42 projects added over 200 MW across properties in California, New Jersey, and Germany.
Essential Properties Realty Trust (EPRT), and Rexford Industrial Realty (REXR), and downgraded Prologis (PLD).
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