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California  + Bay Area  + Industrial  | 

Prologis Completes 16 BTS Developments H1 2018, Starts Another 14

San Francisco-based Prologis, Inc. completed 16 build-to-suit development projects in the first half of 2018, totaling nearly 6.3 million square feet with a total expected investment of roughly $475 million. During the same period, the company initiated 14 build-to-suit development starts representing more than 4.7 million square feet with a total expected investment of $450 million.

The majority of these starts were signed with multi-site customers and are located in urban markets that are positioned for Last Touch operations.

Prologis’ Michael S. Curless says, “Our multi-site customers, many of whom are focused on e-commerce, continue to drive strong results in our build-to-suit business. Our development activity is focused in major population centers, because our customers need facilities close to their end consumers.”

Prologis’ First Half 2018 Build-to-Suit Completions

Customer Industry Market Size (SF)
1 Amazon E-commerce (International) Mexico City, Mexico 996,897
2 Lindt Manufacturing (International) Tracy, CA 708,080
3 Zinus Inc. Retail (Domestic) Tracy, CA 664,000
4 CULTURA Retail (Domestic) Paris, France 609,808
5 Home Depot Retail (Regional) Cranbury, NJ 504,428
6 Logista Italia Logistics (Regional) Bologna, Italy 435,712
7 Yusen Logistics Logistics (International) Wellingborough, United Kingdom 379,213
8 Sainsburys Retail (Domestic) Northampton, United Kingdom 325,502
9 Brivio&Vigano Logistics (International) Milan, Italy 317,223
10 ID Logistics Logistics (International) Barcelona, Spain 284,630
11 Pantos Logistics Logistics (International) Tilburg, Netherlands 277,741
12 EXERTIS Logistics (International) Paris, France 271,853
13 VAFO PRAHA Manufacturing (International) Prague, Czech Republic 255,275
14 Prime Cargo Logistics (International) Szczecin, Poland 98,920
15 RTP Company Manufacturing (International) Wroclaw, Poland 89,696
16 JAS Forwarding Logistics (International) Chicago, IL 80,636
Total 6,299,614

Prologis’ First Half 2018 Build-to-Suit Starts*

Customer Profile Market Size (SF)
1 Retail (International) Muggensturm, Germany 1,086,606
2 E-commerce (International) Tsukuba, Japan 679,455
3 Construction (International) Central Valley, CA 567,870
4 E-commerce (International) Mexico City, Mexico 558,507
5 Automotive (International) Birmingham, UK 414,350
6 Logistics (International) Douvrin, France 342,691
7 Logistics (Domestic) Douvrin, France 283,263
8 E-commerce (International) Dulles, VA 182,010
9 E-commerce (International) Dulles, VA 148,777
10 E-commerce (International) Dulles, VA 148,777
11 Retail (Domestic) Piotrkow, Poland 111,600
12 Logistics (International) Szczecin, Poland 98,920
13 Retail (International) Hemel Hempstead, United Kingdom 80,000
14 Logistics (International) Szczecin, Poland 28,105
Total 4,730,931

 

*Customers undisclosed

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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