SAN FRANCISCO—Prologis, Inc. has published a global research paper titled, The Growth of Logistics Real Estate: An Analysis of Demand by Leading Customer Industries.

The report's key finding shows demand for industrial real estate continues to be diverse, with many industries expanding. The company's research team focuses its analysis on three areas:

-- First, consumer-facing customers, the largest industry concentration
within logistics, comprised the largest share of leasing activity last
year;
-- Second, several sectors experienced strong growth, including
electronics, housing, auto, and e-commerce; and
-- Third, the paper highlights third party logistics (3PL) providers, who
will be a source of growth going forward.

"The outlook for the growth of customer businesses and logistics demand is strong," said Chris Caton, vice president and head, Prologis Research. "In fact, decision-making surrounding new leases clearly improved in the past year. Customers are increasingly recognizing the opportunity to lock in current rates ahead of further rate increases given today's low vacancy rates, modest supply pipelines, and upward trend in replacement costs."

The complete report is available online only in the Research section at www.prologis.com.

Instant Insights /

Prologis Says Demand Growing Across Customer Industries

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