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Build Up Local Business Through a Global Platform

Prologis’ Hamid Moghadam gives insights on how to keep customers satisfied and grow a company in a market where product for sale is scarce during BMC’s annual Real Estate Conference here.

Barbara Cambon interviews Hamid Moghadam at the BMC Real Estate Conference. BMC’s Barbara Cambon interviews Hamid Moghadam on his career, his company and his predictions for CRE.

SAN DIEGO—It helps to have a local concentration while building a global platform, Prologis’ chairman and CEO Hamid Moghadam told Barbara Cambon, policy advisory board member of the Burnham-Moores Center for Real Estate at the University of San Diego School of Business. Cambon held a fireside-chat-style interview with Moghadam during the BMC’s 22nd Annual Real Estate Conference here Thursday.

At Cambon’s request, Moghadam gave a brief summary of his 35-year history with the company that has become Prologis, from working just to “keep the lights on” to building a firm that now has between $75 billion and $80 billion in assets. He spoke of creating AMB as an independent public company focused on industrial and proposing a merger to Prologis in 2010, which was the largest M&A deal in CRE history, he said.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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