Customers Drive Our Business
Understanding our customers’ business challenges and objectives is paramount to helping them enhance efficiencies, reduce operating costs, and grow revenue and market share. Combining our unmatched global platform with our development expertise, we seek to provide customers with the most innovative distribution real estate solutions to meet their changing market conditions and facility requirements.
Prologis is the leading owner, operator and developer of global industrial real estate, offering customers approximately 52.4 million square meters (565 million square feet) of distribution space in markets across the Americas, Europe and Asia. The company leases its operating portfolio of more than 3,100 industrial facilities in 21 countries to manufacturers, retailers, transportation companies, third party logistics providers, and other enterprises with large-scale distribution needs. The company’s 1,400 professionals serve 4,500 customers, representing the best talent in the industry. Prologis offers high quality, modern distribution centers and has access to the most comprehensive development expertise and in-house property management offering quick resolutions to facility needs.
As of Sept. 30, 2012, Prologis managed $45 billion in combined total assets. The company offers its customers and investors the most modern and geographically-diverse platform of distribution space in the world, enhanced by unparalleled customer service and an unwavering commitment to sustainable development. Understanding our customers’ business challenges and objectives is paramount to helping them enhance efficiencies, reduce operating costs, and grow revenue and market share. We seek to provide customers with the most innovative distribution real estate solutions to meet their changing market conditions and facility requirements.
Prologis offers a fully-integrated platform of land acquisition, entitlement, development, acquisition, property management and portfolio management in Latin America. Our current countries of activity are Mexico and Brazil, where we actively select key locations to provide our customers the widest range for logistics and operation. The scale of our operations in the region offers our customers the broadest selection of facilities, an unparalleled land bank and access to profound development knowledge.
Prologis’ portfolio in Mexico is the largest platform of logistics and distribution facilities in the country, consisting of about 2.8 million square meters (30 million sf). Our industrial real estate investments in Mexico focus on six key distribution-driven markets, including: the State of Mexico, Monterrey, Guadalajara, Tijuana, Reynosa, and Ciudad Juarez. Prologis assists customers with both offshoring and nearshoring for their logistics and light manufacturing operations, as well as regional distribution to Mexico’s most important growth markets.
Prologis is one of the most active developers in Brazil. In August 2008, Prologis entered into a strategic alliance with Cyrela Commercial Properties (CCP), a leading Brazilian real estate company, to combine CCP’s local expertise with Prologis’ global perspective and customer base. The venture, "Prologis CCP Logistica," focuses on the development of distribution facilities in Brazil’s major metropolitan markets, primarily São Paulo and Rio de Janeiro. We expect to develop approximately 200,000 square meters (2.15 million sf) annually between speculative and build-to-suit projects with a total portfolio of approximately 1.2 million square meters (13 million sf) by 2016. Prologis CCP’s portfolio in Brazil consists more than 6.8 million square meters (73 million sf) with a majority of industrial parks totaling 10,000 square meters (100,000 sf) or more.