Careers Contact Us Investor Relations NYSE:PLD 65.05 -0.64 Presence Toggle expand Americas Europe Asia Capabilities Toggle expand Operations Capital Deployment Toggle expand Sustainable Development Value Added Investment Strategic Capital Brokers Customers About Us Toggle expand Sustainability Toggle expand Environmental Stewardship Social Responsibility Ethics and Governance Awards News Toggle expand Press Releases Media Coverage Features History Future Flow of Goods Research Careers Contact Us Investor Relations NYSE:PLD 65.05 -0.64 Site Property Property Land All up to 2k sqm 2k - 5k sqm 5k - 10k sqm 10k - 15k sqm 15k - 20k sqm 20k - 25k sqm 25k - 30k sqm 30k - 40k sqm 40K - 50k sqm 50K - 75K sqm 75k + sqm Americas Brazil Canada Mexico USA Europe Belgium Czech Republic France Germany Hungary Italy Netherlands Poland Slovakia Spain Sweden UK Asia China Japan Singapore Breadcrumb Home About Us History About History As the world’s leading industrial real estate company, we have been leading the way for more than 30 years. Learn the story of our past to understand how we are building a prosperous and sustainable future. Prev 1980s 1990s 2000s 2010s 1983 Douglas Abbey, Hamid Moghadam and T. Robert Burke (joined in 1984) found AMB Property Corporation, focusing on investment in office, industrial and community shopping centers on behalf of major institutional investors. 1987 AMB refines its investment strategy over the next two years by exiting office markets and focusing on industrial and shopping centers in infill trade areas. 1991 The company that is to later become ProLogis is incorporated as Security Capital Industrial Trust (SCI). 1994 SCI makes its initial public offering on the New York Stock Exchange. 1996 SCI expands outside the United States for the first time with acquisitions in Mexico. 1997 AMB closes its initial public offering, with more than $2.8 billion under management. 1997 The company establishes its first European office in Amsterdam. 1998 SCI officially changes its name to ProLogis. The company acquires Meridian Industrial Trust for $1.5 billion. 1999 AMB exits community shopping center investments to focus on industrial properties in targeted markets. 1999 ProLogis forms its first property fund, ProLogis California ($556 million), and the ProLogis European Property Fund. 2001 ProLogis announces its entry into the Japan market. 2002 AMB launches its international expansion program focused on trade-centric locations in Mexico, Europe and Asia. 2002 ProLogis forms the ProLogis Japan Properties Fund ($1 billion) with the Government of Singapore Real Estate. 2003 ProLogis is added to the S&P 500. The company announces its entry into the China market. 2004 AMB forms the first open-end commingled fund by a REIT—AMB Institutional Alliance Fund III. It also establishes new business lines, including direct development and additional private capital products, over the next two years. 2004 ProLogis acquires Keystone Industrial Trust for $1.5 billion. The company forms its first joint venture in China with Suzhou Logistics Center Co. Ltd. 2005 ProLogis completes a merger with Catellus, a North American industrial development company, for $5.3 billion. 2006 ProLogis becomes a FORTUNE 1000 company. The ProLogis European Properties Fund completes initial public offering on Euronext exchange in Amsterdam. 2007 ProLogis releases real estate industry’s first annual sustainability report. 2009 AMB completes its equity offering, fortifying the balance sheet and securing projected capital needs through 2012. 2009 ProLogis sells its China operations and its 20 percent interest in Japan Property Funds to GIC Real Estate for $1.3 billion. 2010 AMB forms Mexico Fondo Logistico, the first of its kind industrial venture for Mexican pension funds (AFORES) 2011 ProLogis closes the sale on a majority of Catellus retail and mixed-use assets to affiliates of TPG Capital (TPG) for $353 million, including rights to the Catellus name. 2011 AMB forms a euro 470 million Joint Venture with Allianz Real Estate, marking Allianz Real Estate’s largest joint venture and biggest foray into the logistics space at that time. 2011 ProLogis and AMB complete a merger of equals to create the pre-eminent global industrial real estate company, with more than $40 billion of assets under management and a platform of logistics and distribution facilities on 4 continents 2012 Prologis assumes 100% control of Prologis European Properties (PEPR) ahead of schedule, thus liquidating the fund. Assets received include 210 facilities covering 48.4 million square feet (4.5 million square meters) across 11 countries. 2013 Nippon Prologis REIT, Inc. (NPR), a Japanese real estate investment trust, successfully completes initial public offering on Tokyo Stock Exchange. NPR provides investors a unique investment opportunity and further positions Prologis for sustained growth in Japan. 2013 Prologis European Logistics Partners Sarl, a joint venture with Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global, closes with an initial acquisition of 195 Class-A properties comprising 49msf (4.5msm). 2014 Prologis completes its IPO for FIBRA Prologis, the first IPO for a FIBRA in Latin America in 2014. FIBRA Prologis comprises approximately 30 msf (2.8 msm) across six markets in Mexico. 2015 Prologis completes the acquisition of the real estate assets and operating platform of KTR Capital Partners (KTR) and its affiliates for a total purchase price of $5.9 billion. 2016 Moody's Investors Service (Moody's) upgraded Prologis, L.P.'s senior unsecured rating to A3 from Baa1. The rating service also upgraded the ratings on Prologis’ preferred stock to Baa1 from Baa2. 2016 S&P Global Ratings raised Prologis, Inc.'s rating to A- from BBB+, citing its diversified real estate portfolio and potential for rent growth. Footer social links Facebook LinkedIn Twitter Footer menu For Colleagues Privacy Policy Terms of Use © 2018 Prologis, Inc. All rights reserved.