1983
Douglas Abbey, Hamid Moghadam and T. Robert Burke (joined in 1984) establish AMB Property Corporation, focusing on investment in office, industrial and community shopping centers on behalf of major institutional investors.
1987
AMB refines its investment strategy over the next two years by focusing on industrial and shopping centers in infill trade areas.
1991
The company that is to later become Prologis is incorporated as Security Capital Industrial Trust (SCI).
1994
SCI makes its initial public offering on the New York Stock Exchange.
1997
AMB closes its initial public offering, with more than $2.8 billion in assets.
1998
SCI officially changes its name to Prologis. The company acquires Meridian Industrial Trust for $1.5 billion.
1999
AMB exits community shopping center investments to focus on industrial properties in targeted markets.
2001
Prologis announces its entry into the Japanese market.
2002
AMB launches its international expansion program focused on trade-centric locations in Mexico, Europe and Asia, with its Chinese brand as 安博.
2002
Prologis forms the Prologis Japan Properties Fund ($1 billion) with the Government of Singapore Real Estate.
2003
Prologis is added to the S&P 500. The company announces its entry into the Chinese market.
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.
2005
AMB invests in Shanghai Jiuting Logistics Center, its first project in China.
2006
Prologis becomes a FORTUNE 1000 company.
2007
Prologis releases the real estate industry’s first annual sustainability report, well ahead of the competition.
2009
Prologis sells its China operations and its 20% interest in Japan Property Funds to GIC Real Estate for $1.3 billion.
2010
AMB forms Mexico Fondo Logistico, the first of its kind industrial venture for Mexican pension funds (AFORES).
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 space at that time.
2011
Prologis and AMB complete a merger of equals to create the preeminent global industrial real estate company, with more than $40 billion of assets under management and a platform of logistics and distribution facilities on four continents. The company’s brand is Prologis in English and安博 in Chinese.
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.
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 49msf (4.5msm).
2014
Prologis completes its IPO for FIBRA Prologis, the first IPO for a FIBRA in Latin America in 2014. FIBRA Prologis comprises approximately 30 msf (2.8 msm) across six markets in Mexico.
2015
Prologis completes the acquisition of the real estate assets and operating platform of KTR Capital Partners (KTR) and its affiliates for a total purchase price of $5.9 billion.
2016
Moody's Investors Service (Moody's) upgraded Prologis, L.P.'s senior unsecured rating to A3 from Baa1. The rating service also upgraded the ratings on Prologis’ preferred stock to Baa1 from Baa2.
2016
S&P Global Ratings raised Prologis, Inc.'s rating to A- from BBB+, citing its diversified real estate portfolio and potential for rent growth.
2018
Prologis completes an all-stock acquisition of DCT Industrial Trust for $8.5 billion.
2018
Prologis expands beyond real estate and launches the Essentials platform, addressing critical fulfillment center challenges with next-generation solutions.
2019
Prologis expands its business in China and forms Prologis China Core Logistics Fund ($1.7 billion).
2020
Prologis completes an all-stock acquisition of Liberty Property Trust for $13 billion.
2022
Prologis becomes the first logistics REIT with a science-based carbon-emissions target, updating an ambitious company goal to reach net zero by 2040.
2022
Prologis completes an all-stock transaction of Duke Realty for approximately $23 billion.
