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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
Sam Zell isn’t hot on industrial real estate

Sam Zell isn’t hot on industrial real estate

It seems everyone is bullish on industrial real estate except for at least one well-known billionaire who has made...

Sam Zell isn’t hot on industrial real estate
Prologis to buy rival warehouse REIT with NY, NJ and Cali presence for $8.4B

Prologis to buy rival warehouse REIT with NY, NJ and Cali presence for $8.4B

Warehouse landlord Prologis is buying rival logistics owner DCT Industrial Trust for $8.4 billion in stock, giving the company...

Prologis to buy rival warehouse REIT with NY, NJ and Cali presence for $8.4B
Pantos Logistics Warehouse. (Credit from back: Romlogistics, Pixabay)

Here’s why industrial REITs are outperforming all others

Thanks to e-retailers like Amazon, industrial REITs are on the upswing. Though online shopping still only counts for under...

Here’s why industrial REITs are outperforming all others
Prologis’ $265M Queens deal falls apart

Prologis’ $265M Queens deal falls apart

Prologis backed out of its deal to pay $265 million for a massive FedEx warehouse in Queens. A new buyer, the Los Angeles-based investment firm American Realty Advisors, is now negotiating to acquire the...

Prologis’ $265M Queens deal falls apart
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