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The Latest

46-81 Metropolitan Avenue in Maspeth, Queens and Prologis CEO Hamid Moghadam (Google Maps, Prologis)

Prologis nabs majority stake in Queens industrial site

Three things in life are certain: Death, taxes and demand for logistics space in New York City’s outer boroughs....

Prologis nabs majority stake in Queens industrial site
48-00 Grand Avenue in Maspeth and Prologis CEO Hamid Moghadam (Google Maps; Prologis)

Prologis picks up Maspeth parcel for $51M

Prologis is broadcasting that the industrial market remains hot in the outer boroughs. The industrial giant picked up 223,000 square feet of land at 48-00 Grand Avenue in Maspeth for $51 million from a...

Prologis picks up Maspeth parcel for $51M
Prologis CEO Hamid Moghadam and 18-51 Flushing Ave. (Credit: Google Maps, iStock)

Frito Lay cashes in chips, sells Queens warehouse to Prologis

How’s this for a tasty deal? The Frito Lay company sold a Queens warehouse to logistics giant Prologis for...

Frito Lay cashes in chips, sells Queens warehouse to Prologis
Prologis CEO Hamid Moghadam and Liberty Property Trust CEO Bill Hankowsky (Credit: Prologis, B.PHL, iStock)
National

Prologis to buy rival logistics firm for $13B

Warehouse giant Prologis is purchasing its rival Liberty Property Trust for $12.6 billion, creating a massive new player in...

Prologis to buy rival logistics firm for $13B

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