Prologis Inc (NYSE: PLD) is a real estate investment trust (REIT) that owns and operates industrial logistics properties. It makes money primarily through rental income collected from tenants that lease warehouse and distribution facilities. The company is structured as a REIT, with Prologis Inc. serving as the general partner of its operating partnership, Prologis L.P., in which it held a 97.71% common general partnership interest as of December 31, 2025. The Parent and the Operating Partnership are managed as a single enterprise by the same management team. The filing covers the fiscal year ended December 31, 2025, and was submitted February 13, 2026.

Revenue model

Rental income from tenants leasing industrial and logistics real estate properties held within the REIT and operating partnership structure.

Products and services

Industrial logistics real estate properties, including warehouse and distribution facilities leased to tenants.

Customers and end markets

Tenants occupying industrial logistics and warehouse facilities. Specific customer names, counts, or end-market concentrations are not supported by the provided filing excerpts.

Value-chain role

Property owner and landlord in the industrial real estate supply chain, providing warehouse and distribution space to occupiers.

Geographic exposure

Geographic footprint is not specified in the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-13

Industry: Real Estate Investment Trusts Peers: Americold Realty Trust Inc DUKE REALTY CORP Eastgroup Properties Inc First Industrial Realty Trust Inc LXP Industrial Trust Rexford Industrial Realty Inc STAG Industrial Inc Terreno Realty Corp