Valued at a market cap of $106.6 billion, Prologis, Inc. (PLD) is a global leader in logistics real estate with a focus on high-barrier, high-growth markets. The San Francisco, California-based company leases modern logistics facilities to a diverse base of customers principally across two major categories, which are business-to-business and retail/online fulfilment.
Companies valued at over $10 billion are typically classified as “large-cap stocks,” and Prologis fits the label perfectly. As a leading real estate giant, it owns and manages $72 billion in total assets under management, more than 5,500 buildings comprising about 1.2 billion square feet of area across 19 countries and serves around 6,600 tenants.
