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Exhibit 21.1 SUBSIDIARIES OF
PROLOGIS ET. AL. Jurisdiction ofName of Entity
    
    OrganizationSubsidiaries engaged in industrial distribution facilities operations
and development:ProLogis Development Services Incorporated
    
    DelawareProLogis Limited PartnershipI
    
    DelawareProLogis Limited PartnershipII
    
    DelawareProLogis Limited PartnershipIII
    
    DelawareProLogis Limited PartnershipIV
    
    DelawareProLogis-IV, Inc.
    
    DelawareProLogisNorth Carolina (1) Incorporated
    
    MarylandProLogisNorth Carolina (2) Incorporated
    
    MarylandProLogisNorth Carolina Limited Partnership
    
    DelawareProLogis-North Carolina (3) Incorporated
    
    DelawareProLogis Houston Holdings Inc.
    
    DelawareProLogis-Kansas City (1) Incorporated
    
    DelawareMeridian Realty Partners, L.P.
    
    DelawareMDN/JSC-II Limited Partnership
    
    CaliforniaMeridian-Penn, Inc.
    
    CaliforniaProLogis Fraser GP LLC and one subsidiary
    
    DelawareInternational Industrial Investments Incorporated
    
    MarylandPLD International Incorporated
and twenty-two subsidiaries in foreign countries
    
    DelawareProLogis-France Developments Incorporated
and thirty-six subsidiaries in foreign countries
    
    Delaware




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ProLogis Developments Holdings Sarl
and one hundred thirty three subsidiaries in foreign countries
    
    LuxembourgProLogis UK Development Sarl and two subsidiaries
in foreign countries
    
    LuxembourgProLogis UK Holdings S.A.
and one-hundred sixteen subsidiaries in foreign countries
    
    LuxembourgPLD Finance Sarl and seven subsidiaries in foreign countries
    
    LuxembourgProLogis Japan Incorporated
and thirty nine subsidiaries in foreign countries
    
    DelawareJapan Investments (2) Incorporated
    
    DelawareProLogis Japan II Incorporated
    
    DelawareProLogis Japan Holdings LLC
    
    DelawareProLogis Japan Finance Incorporated
    
    DelawareJapan Investments (1) Incorporated
    
    DelawareProLogis Logistics Services Incorporated
    
    DelawareProLogis Mexico Trust
    
    DelawareProLogis-DS Mexico Incorporated
    
    MarylandProLogis Mexico Holding II LLC and one subsidiary
    
    DelawareProLogis-Monterrey (1) LLC and one subsidiary in a foreign country
    
    DelawareProLogis-Monterrey (2) LLC and one subsidiary in a foreign country
    
    DelawareProLogis-Monterrey (4) LLC and one subsidiary
    
    DelawareProLogis-Juarez (1) LLC and one subsidiary
    
    DelawareProLogis-Juarez (2) LLC and one subsidiary
    
    DelawareProLogis-Juarez (3) LLC and one subsidiary
    
    DelawareProLogis-Reynosa (1) LLC and one subsidiary in a foreign country
    
    DelawareProLogis-Reynosa (2) LLC and one subsidiary in a foreign country
    
    DelawareProLogis-Reynosa (3) LLC and one subsidiary
    
    DelawarePLDS de Mexico S.A. de C.V.
    
    Mexico




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ProLogis Canada Development Incorporated and twenty subsidiaries
    
    DelawareProLogis Canada Incorporated
    
    DelawareProLogis China Development Incorporated and eighteen subsidiaries
in foreign countries
    
    DelawareProLogis Singapore Investments Incorporated
    
    DelawareTCL Holdings S.A. and eight subsidiaries in foreign countries
    
    LuxembourgProLogis Billabong III GP LLC
    
    DelawareProLogis Billabong II GP LLC
    
    DelawareProLogis Billabong I GP LLC
    
    DelawareProLogis California I LLC (50% ownership interest)
    
    DelawareProLogis European Properties Fund (21.8% ownership interest)
    
    LuxembourgProLogis North American Properties Fund I LLC and one subsidiary
(41.3% ownership interest)
    
    DelawareProLogis First GP LLC and one subsidiary (20% ownership interest)
    
    DelawareProLogis Second GP LLC and one subsidiary (20% ownership interest)
    
    DelawareProLogis Third GP LLC and one subsidiary (20% ownership interest)
    
    DelawarePLD/RECO Japan TMK Property Trust (20% ownership interest)
    
    JapanProLogis-Macquarie Fund (11.5% ownership interest)
    
    DelawareProLogis Park Suzhou Development Co. Ltd (50% ownership)
    
    ChinaKeystone NJ Associates LLC (20% ownership)
    
    DelawareKPJV LLP (20% ownership)
    
    DelawareAllagash Property Trust (20% ownership)
    
    MarylandBrazos Property Trust (20% ownership)
    
    MarylandCimarron Property Trust (20% ownership)
    
    MarylandDeerfield Property Trust (20% ownership)
    
    MarylandElkhorn Property Trust (20% ownership)
    
    Maryland




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Subsidiaries engaged in providing management services:ProLogis Management Services Incorporated
    
    DelawareProLogis BV and nineteen subsidiaries in foreign countries
    
    LuxembourgProLogis Services Sarl and two subsidiaries in foreign countries
    
    LuxembourgProLogis Management Incorporated
    
    DelawareProLogis de Mexico S.A. de C.V.
    
    MexicoProLogis Japan Management Incorporated and two subsidiaries in
foreign countries
    
    DelawareProLogis China Management Holding Sarl and one subsidiary
in a foreign country
    
    BarbadosProLogis Capital Management Incorporated
    
    DelawareMacquarie-ProLogis Management LLC(50% ownership)
    
    Delaware