July 16, 2018 Comments Off on Prologis Completes 16 BTS Developments H1 2018, Starts Another 14 Views: 3556 Bay Area, California News

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

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