Valued at a market cap of $130.3 billion, Prologis, Inc. (PLD) is a global leader in logistics real estate with a focus on high-barrier, high-growth markets. The company owns or has investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.3 billion square feet in 20 different countries.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” PLD fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the industrial REIT industry.