(Save the date: RealShare Industrial 2012 comes to The Banker's Club, Miami, December 5 - 6.)
NEW YORK CITY-Prologis, the San Francisco-based owner, operator and developer of industrial real estate that merged with AMB Property Corp. last summer, is continuing 2012 on a high note. In its first four quarters as a combined company, the REIT is ahead of the game in every aspect of its business plan, leasing nearly 102 million square feet of space – the equivalent of 377,777 square feet every day, and sold or contributed more than $3 billion worth of buildings and land in the last nine months.
At the forefront of it all is Walt Rakowich, the co-chief executive officer of Prologis, who is responsible for optimizing the synergies from the merger of AMB with Prologis and integrating the companies' two platforms. During a visit to Midtown Manhattan, he sat down with GlobeSt.com to talk about the status of the REIT's performance.
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