Prologis May Soon Have Over One Billion SF Of Industrial Properties But What Another Angle To This!

Prologis May Soon Have Over One Billion SF Of Industrial Properties, but there is another story in the pending acquisition of Duke Realty. The San Francisco Business Times put a great spin on another angle to industrial real estate. Prologis has a division called Essentials which sells all kinds of products and services important to the warehouse and distribution industry. They have electric vehicle charging stations for delivery trucks, they can install huge amounts of solar panels on your warehouses, upgrade your lighting for more efficient and better lighting, help you with warehouse robotics, improve your employee talent and retention, set up your employees with wearable devices to help them work safer, material handling design and equipment, and on and on.  Essentials income now is between $70-90 million but the future expectations are at the billion dollar range. I don’t see this type of energy in the retail, office or apartment sectors but wow, did this open my eyes for industrial!