Prologis is the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia. This company is the world’s largest owner, manager and developer of distribution facilities.
With facilities around the globe, Prologis has established a presence that allows businesses to grow and expand virtually anywhere in the world, with the constant support and dedication of the professionals at Prologis, the global distribution solution.
The Company’s headquarters are located in the United States. Prologis currently operates in 132 markets in North America, Asia and Europe. In Mexico, Prologis has important presence in 12 cities such as Tijuana, Guadalajara and Monterrey, which are among the most dynamic locations nationwide and where most Prologis operations are held in the Mexican market.
Prologis has some of the most important new investment projects in the real estate industry today. The closeness to the most active Mexican market, Mexico City and its metropolitan area, along with the infrastructure development in this region of the Country were determinant factors leading to the construction of the Building 10 in ProLogis Park Cedros Tepotzotlán, according to Prologis’ Chairman and CEO, Jeffrey Schwartz.
After merging with AMB Property Corporation, Prologis focuses on growing in Latin America, expanding in Mexico and Brazil, Luis Gutierrez Guajardo, SVP, Managing Director, Latin America, declared. “After almost 3 years of financial crisis we see recovery ahead; and after being stagnated we have started building again, leading to a new development stage” Luis Gutierrez explained that in Cuautitlan Izcalli, State of Mexico, two distribution centers are being developed where over US$15 million were invested, and later this year, the construction of the first stage of Prologis Laredo Industrial Park will start. An approximate investment amount of US$74 million is expected to be made in this development, where distribution centers will be built to store goods arriving to the terminal for in-site transfer, avoiding transportation costs and increasing safety.
With the opening of this “Class A” industrial space in the State of Mexico, Prologis strengthens its position as the largest owner, manager and developer in the world. The continuing growth of the company in Mexico is proof of this, where it owns and operates more than 16,000,000 square feet of industrial real estate.
Prologis has always shown a strong commitment to offer high quality spaces that add value to the Mexican real estate market. Prologis Park Cedros is an industrial park of more than 98 acres located on the Mexico – Queretaro highway. This industrial park already hosts the operations of some international enterprises and a number of important local companies dedicated mainly to logistics and distribution activities. Building 10 of Prologis Park Cedros was designed to comply with the sustainable initiatives Prologis promotes worldwide, such as the utilization of T5 and T8 fluorescent lights as well as a reduction in the use of potable water for landscape irrigation.
Prologis will invest approximately US$88 million in Prologis Laredo Intermodal Terminal & Industrial Park, a project located in the State of Mexico, Luis Gutierrez also informed. This long-term project, which will help move containers and railroad cargo in Valle de Mexico, will be developed in two stages. The first stage is already operating; it is an intermodal terminal which required an investment for US$14 million. Containers cargo transported by railroad is handled at this terminal, initially built on a 10 hectares plot of land, and expected to reach 40 in the final stage, when up to 100,000 containers will be handled per year.
Companies seeking to lease distribution space from Prologis have access to a global portfolio of facilities designed to maximize the efficiency of customers’ supply chain operations. Prologis developments typically incorporate industry-leading features, including ample clear heights, flat and super flat floors, high dock-door ratios, extensive truck courts, and trailer storage areas.
Unlike many other industrial real estate companies, Prologis does not outsource property management. The company’s distribution centers are managed by inhouse professionals who maintain their facilities in accordance with the industry’s highest standards. Prologis’ integrated property management program includes the following elements:
Local property managers who remain in regular contact with customers to ensure their continued satisfaction and who can solve problems as soon as they arise
On-staff maintenance technicians
Consistent, high-level customer service at all their properties throughout the world
Solicitation of customer satisfaction feedback, enabling customers to provide direct comments about the property and the level of service they are receiving from their local market contacts and property managers
Internal customer service awards for Prologis’ top-performing property management associates worldwide.
ProLogis is also a social responsible company. Their philosophy is to take the responsibility as a corporate by assuming an exemplary behavior in their entrepreneurial activities with their local or global communities. The past march 30th (2011) the company received for the second time the Socially Responsible Business Distinction awarded by the Mexican Center for Philanthropy (CEMEFI). This Distinction is a voluntary process of selfassessment of good practices of social responsibility.