What AMB, ProLogis Merger Could Mean

SAN FRANCISCO-Earlier in the week, rumors had been circulating about a possible merger between San Francisco-based AMB Property Corp. and Denver-based ProLogis. As GlobeSt.com earlier reported, both companies have confirmed that they are in discussions to merge, but tell GlobeSt.com that they cannot comment further at this time; however industry sources have no trouble detailing how colossal this merger could be.

“This would be a significant event and would create real scale for the combined entity,” Craig Meyer, managing director and head of industrial of the Americas at Jones Lang LaSalle, tells GlobeSt.com. “For industrial tenants the combined company might offer some portfolio advantages relative to flexibility across geographies or expansion/contraction issues.”