Prologis Is 'at a Trough,' CEO Says, as Demand Starts to Return and Data Center Business Gains Momentum

Prologis is 'at a trough,' CEO says, as demand starts to return and data center business gains momentum

After years of heightened vacancies, Prologist CEO Hamid Moghadam told CNBC's Jim Cramer that demand for warehouse and e-commerce facilities is picking up.

Prologis Rides E-Commerce Wave to Record Quarter, Eyes Data Center Gold Rush

The logistics real estate giant posted its strongest leasing quarter ever while pivoting to capitalize on AI’s insatiable appetite for power In a quarter that underscores the enduring strength of America’s logistics infrastructure boom, Prologis reported record-breaking lease signings while simultaneously making an aggressive push into one of commercial real estate’s hottest sectors: data centers. […] The post Prologis Rides E-Commerce Wave to R…