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Prologis CEO Hamid Moghadam and 230-19 Int. Airport Center Blvd in Queens (Credit: Prologis; Google Maps)

Prologis granted rent relief to just 7% of tenants that asked

Prologis, one of the largest owners of industrial real estate, granted rent deferrals to just 7 percent of its...

Prologis granted rent relief to just 7% of tenants that asked
Hamid Moghadam

A quarter of Prologis’ tenants request a break on rent. Most won’t get it

Even the booming industrial real estate sector isn’t immune from the effects of the pandemic. Prologis, one of the...

A quarter of Prologis’ tenants request a break on rent. Most won’t get it
From left: Prologis CEO Hamid R. Moghadam and Blackstone's Jon Gray

Blackstone’s warehouse play challenges Prologis’ claim to the throne

Long before windowless warehouses became a sexier investment than luxury condos, Prologis was king. The San Francisco-based company bought...

Blackstone’s warehouse play challenges Prologis’ claim to the throne
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
Dov Hertz and Prologis CEO Hamid Moghadam with 150 52nd Street in Sunset Park (Credit: Google Maps, Proologis)

Prologis buying Sunset Park property teed up as new City Harvest HQ

Mega warehouse landlord Prologis is buying a property in Sunset Park that will soon be the new headquarters of...

Prologis buying Sunset Park property teed up as new City Harvest HQ
Prologis CEO Hamid Moghadam and Liberty Property Trust CEO Bill Hankowsky (Credit: Prologis, B.PHL, iStock)

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
Hamid Moghadam of Prologis and Dwight Merriman of Black Creek Group (Credit: iStock, Prologis and Black Creek Group via Twitter)

Prologis in talks for giant warehouse portfolio, after Blackstone’s monster deal

Prologis is in advanced talks to acquire a $4 billion warehouse portfolio, a month after getting outbid by Blackstone...

Prologis in talks for giant warehouse portfolio, after Blackstone’s monster deal
(Credit: iStock)

S&P 500 real estate stocks haven’t been this high in a long time

Real estate stocks are having a very good year. As of Monday, a quarter of the 32 companies in...

S&P 500 real estate stocks haven’t been this high in a long time
This REIT made $300M selling Facebook a bunch of tear-downs

This REIT made $300M selling Facebook a bunch of tear-downs

Prologis had about 300 million reasons to smile after its 2015 deal with Facebook. The industrial landlord’s sale of a...

This REIT made $300M selling Facebook a bunch of tear-downs
M&A activity provides boost to REIT sector

M&A activity provides boost to REIT sector

A recent spate of mergers in U.S. real estate investment trusts has some investors giving the underperforming sector another...

M&A activity provides boost to REIT sector
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