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Hamid R. Moghadam to Step Down as CEO at Prologis

Hamid R. Moghadam to Step Down as CEO at Prologis

by Phil Hall | Feb 19, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The San Francisco-based real estate investment trust Prologis (NYSE: PLD) announced the retirement of CEO Hamid R. Moghadam, effective Jan. 1, 2026. Dan Letter, currently the company’s president, will succeed Moghadam as chief executive; Letter will also join the...
Prologis Donates $3 Million to Support Morehouse College’s Real Estate Institute

Prologis Donates $3 Million to Support Morehouse College’s Real Estate Institute

by Phil Hall | Oct 11, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

Prologis Inc. (NYSE:PLD), a San Francisco-based real estate investment trust, has awarded a $3 million gift to Morehouse College, a historically Black institution in Atlanta, to support academic programs and research launched by the new Morehouse Real Estate...
Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio

Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio

by Phil Hall | Jun 26, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Prologis Inc. (NYSE: PLD) is paying $3.1 billion to acquire nearly 14 million square feet of industrial properties from real estate funds affiliated with Blackstone (NYSE:BX). The price on the all-cash transaction represents an approximately 4% cap rate in the first...

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