• 1980s
  • 1990s
  • 2000s
  • 2010s
Prologis Timeline - 1983
1983

Douglas Abbey, Hamid Moghadam and T. Robert Burke (joined in 1984) founded AMB Property Corporation, focusing on investing in office, industrial and community shopping centers on behalf of major institutional investors.

Prologis Timeline - 1987
1987

AMB refines its investment strategy by exiting office markets and focusing on industrial and shopping centers in infill trade areas.

Prologis Timeline - 1991 Truck Court
1991

The company that is to become ProLogis is incorporated as Security Capital Industrial Trust (SCI).

Prologis Timeline - 1994 Stock Certificate
1994

SCI makes its initial public offering on the New York Stock Exchange.

Prologis Timeline - 1996 SCI Mexico Pacifico
1996

 

SCI expands outside the United States for the first time with acquisitions in Mexico.

Prologis Timeline - 1997 Management
1997

AMB closes its initial public offering, with more than $2.8 billion under management.

Prologis Timeline - 1997 Amsterdam
1997

 

The company establishes its first European office in Amsterdam.

Prologis Timeline - 1998 Prologis Logo
1998

SCI officially changes its name to ProLogis. The company acquires Meridian Industrial Trust for $1.5 billion.

Prologis Timeline - 1999 AMB Charlotte
1999

AMB exits community shopping center investments to focus on industrial properties in targeted markets.

Prologis Timeline - 1999 European Properties
1999

ProLogis forms its first property funds, ProLogis California ($556 million), and the ProLogis European Property Fund.

Prologis Timeline - 2001 Japan Flag
2001

ProLogis announces its entry into the Japan market.

Prologis Timeline - 2002 map
2002

AMB launches an international expansion program focused on trade-centric locations in Mexico, Europe and Asia.

Prologis Timeline - 2003 Chinese Flag
2003

 

ProLogis is added to the S&P 500. The company announces its entry into the China market.

AMB enters German market
2003

AMB enters the German market as AMB Property Germany GmbH. Target markets for AMB in Germany are Bremerhaven, Dusseldorf in the Rhine-Ruhr area, Frankfurt in the Rhine-Main area, Hamburg and Munich.

Prologis Timeline - 2004 Open REIT fund
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.

Prologis Timeline - 2004 Suzhou logistics
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.

Prologis Timeline - 2006 Fortune 100 Logo
2006

ProLogis becomes a FORTUNE 1000 company. The ProLogis European Properties Fund completes its initial public offering on the Euronext exchange in Amsterdam.

Prologis Timeline - 2007 SR Report
2007

ProLogis releases the real estate industry’s first annual sustainability report.

AMB headquarters Frankfurt, Germany
2007

AMB Property Germany GmbH moves into its new headquarters in Frankfurt am Main.

Prologis Timeline - 2009 AMB Logo
2009

AMB completes an equity offering, fortifying its balance sheet and securing capital for needs projected through 2012.

Prologis Timeline - 2011 Catellus Logo
2011

ProLogis closes the sale of most Catellus retail and mixed-use assets to affiliates of TPG Capital for $353 million, including rights to the Catellus name.

Prologis Timeline - 2011 Allianz
2011

AMB forms a €470 million joint venture with Allianz Real Estate, marking Allianz Real Estate’s largest joint venture and biggest foray into the logistics real estate industry.

Prologis Timeline - 2011 Prologis Merger and IPO
2011

ProLogis and AMB complete a merger of equals to create the pre-eminent global logistics real estate company, Prologis, with more than $40 billion of assets under management and a platform of logistics and distribution facilities on four continents.

Logistikimmobilie im Prologis Park Hamburg-Hausbruch, Deutschland
2012

Prologis completes a brownfield development with 29,800 square meters in Hamburg-Hausbruch, Germany.

Prologis Timeline - 2012 EU Presence
2012

 

Prologis assumes 100 percent control of Prologis European Properties 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.

Thomas Karmann, Managing Director, Regional Head Northern Europe
2012

On June 1, 2012, Thomas Karmann joins Prologis as senior vice president, regional director Northern Europe.

Prologis Timeline - 2013 Prologis Nippon
2013

Nippon Prologis REIT, Inc. (NPR), a Japanese real estate investment trust, successfully completes its initial public offering on the Tokyo Stock Exchange. NPR provides investors a unique investment opportunity and further positions Prologis for sustained growth in Japan.

Prologis Timeline - 2013 Norges Bank Kirkegata
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 49 million square feet (4.5 million square meters).

Prologis Park Hamburg Waltershof, Hamburg, Germany
2013

Prologis has successfully developed more than 500,000 square meters in Hamburg, Germany’s second-largest city and one of the most desirable logistic hotspots in the country.

Prologis Timeline - 2014 Prologis FIBRA logo
2014

Prologis completes its IPO for FIBRA Prologis, the first IPO for a FIBRA in Latin America in 2014. FIBRA Prologis comprises approximately 30 million square feet (2.8 million square meters) across six markets in Mexico.

Logistics hall, future, sustainability, architectural designs, Prologis2030Design Award
2014

Prologis invites architects, civil engineers and students of both disciplines from Northern Europe to compete for the Prologis 2030 Design Award. An international and interdisciplinary panel of judges selects the best designs for logistics properties of the future, focusing on sustainability and architectural innovation.

Prologis Timeline - 2015 Prologis Acquires KTR
2015

Prologis completes the acquisition of the real estate assets and operating platform of KTR Capital Partners and its affiliates for a total purchase price of $5.9 billion.

Prologis Timeline - 2016 Moody's Investors Service
2016

 

Moody's Investors Service upgrades Prologis, L.P.'s senior unsecured debt rating to A3 from Baa1. The rating service also upgrades its ratings on Prologis’ preferred stock to Baa1 from Baa2.

Prologis Timeline - 2016 S&P Global Ratings
2016

S&P Global Ratings raises Prologis, Inc.'s rating to A- from BBB+, citing its diversified real estate portfolio and potential for rent growth.

Munich, Bruckberg, Germany, Prologis, BMW, Logistics facility
2016

Prologis completes a logistics facility with over 114,000 square meters in Bruckberg near Munich for the German automobile manufacturer BMW in July.

Bergheim, Prologis, Logistics, AO
2016

In October, Prologis celebrates the opening of a logistics facility with more than 41,000 square meters in Bergheim near Cologne for the British online retailer AO.

Prologis BVL best logistics brand Germany
2017

In April, Prologis Germany won the award for Best Logistics Brand in the logistics real estate developer category. The award is presented by Logistik Heute, the logistics magazine with the highest circulation in Germany.