Prologis vice chairman retires
Prologis vice chairman Gene Reilly retired at the end of 2023, but will continue to serve the company as a senior advisor through April of this…
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Prologis, Sterling Bay among companies investing in Chicago’s SW suburbs
Prologis recently acquired a fully leased asset in Bolingbrook, Illinois, for $23 million—but it isn't the only company to have recently invested in the area.
Prologis adds vice president, market officer to Chicago team
Sean Olvany has been promoted to vice president, market officer, Chicago for Prologis to oversee all portfolio and market operations for Chicago. Sean is also…
Demand, sustainability and automation: A Q&A with Prologis
Chicago continues to be a magnet for REITs, especially for those seeking industrial space. As for what makes the region a secure opportunity for investors, Prologis weighed in.
Demand for sustainable warehouses to pick up with decreasing costs
Warehouse development starts are predicted to drop in the coming months, but demand for sustainable warehouse development is picking up, according to Prologis.
“If they build it, will tenants come?”
Speculative construction is always a risk. But for those willing to take the leap, it’s paid off—so far.
Prologis closes $26 billion acquisition of Indianapolis-based Duke Realty Corporation
Prologis and Indianapolis-based Duke Realty Corporation have completed their $26 billion merger agreement. In this major deal, Prologis will acquire Duke Realty in an all-stock…
The Space Race is on, and this one looks a little different than the last
Industrial is only getting hotter. Chicago's record numbers bode well for many in the industry, but navigating the numerous economic headwinds and resulting competitive climate…
Prologis offers $24B for Duke Realty
Prologis, Inc. today sent a letter to James B. Connor, Chairman and Chief Executive Officer of Duke Realty Corporation proposing to acquire Duke Realty in an…
MSC Industrial Supply Co. signs long-term industrial lease renewal in Hanover Park
MCS Industrial Supply Co. (MSC) has signed a long-term lease renewal and expansion at 1575 Hunter Rd. in Hanover Park, IL. With the lease, the leading…