Prologis (PLD)

Competitors to Prologis (PLD)

Duke Realty Corporation

Duke Realty Corporation primarily competes with Prologis in the industrial real estate sector, specializing in logistics and distribution centers across high-demand markets in the U.S. Both companies focus on strategically located properties to capitalize on the growing e-commerce trend. Prologis generally has a larger portfolio and better brand recognition on a global scale, which gives it a competitive advantage in attracting multinational clients. Conversely, Duke Realty's strength lies in its extensive domestic presence and localized market knowledge, allowing for flexibility and tailored solutions for clients.

First Industrial Realty Trust, Inc. 

First Industrial Realty Trust is a competitor of Prologis largely in the industrial real estate space, with a focus on warehouse and distribution centers in key U.S. markets. While Prologis has a more diversified global reach and a larger scale of operations, First Industrial often competes by targeting smaller enterprises and providing personalized services that appeal to tenants looking for tailored solutions. Despite First Industrial’s strong market presence, Prologis's significant capital strength, extensive network, and well-established relationships with large global customers give it a competitive advantage.

GLP

GLP, a global investment manager and developer of logistics real estate, competes with Prologis by focusing heavily on markets in Asia and Europe. While Prologis maintains a significant presence worldwide, GLP’s strategic focus on high-growth regions and facility development helps it capture market share. GLP's competitive edge lies in its ability to adapt to local market conditions and create properties that meet the unique demands of the logistics sector. Prologis, however, has larger capital resources, allowing it to undertake bigger developments and expand its portfolio rapidly.

Liberty Property Trust

Liberty Property Trust, although its focus has shifted post-merger with Prologis, historically competed with Prologis by offering high-quality industrial properties along with office spaces. Their competition centered around securing prime locations in key logistics corridors, with Liberty often emphasizing sustainability initiatives within their developments. Prologis outpaces Liberty in terms of industry scale, resource access, and breadth of offerings, which gives it a commanding lead in the market.