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Prologis Reports Post-Election Market Momentum

“The pipeline has started the year at healthy levels.”

By Erik Sherman | January 24, 2025 at 07:02 AM

Prologis had a strong 2024, with things improving significantly after the presidential election.

“In our business, the bottoming process across our markets continues to progress,” said chief financial officer Timothy Arndt in a 2024 Q4 earnings call on Tuesday. “Leasing in our portfolio accelerated following the U.S. election, and the pipeline has started the year at healthy levels.” Prologis signed over 60 million square feet of leases during the quarter, a company record. Interest diversified across customer profiles, size requirements, and markets.

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