Prologis is the world’s largest logistics real estate company, formed originally under the Prologis brand and reshaped by its 2011 merger with AMB Property Corporation. Today it operates as a publicly traded REIT (NYSE: PLD) with a global portfolio of modern distribution facilities concentrated in supply-constrained, high-growth logistics hubs. The company’s model pairs a large, predominantly U.S. operating portfolio with a development engine and a strategic capital platform, letting it compound organic rent growth, recycle capital, and selectively add scale through acquisitions. Asset classes are centered on industrial/logistics (big-box and last-mile warehouses); more recently Prologis has been extending adjacencies in digital infrastructure (power-enabled data center development) and distributed energy solutions installed across its rooftops and parks. Operationally, the U.S. is its core earnings base- about 85% of portfolio NOI-supplemented by Europe, Latin America and Asia. Top market exposures include Southern California, New Jersey/New York, and Chicago, reflecting the company’s strategy of clustering in large consumption corridors close to ports, intermodal nodes and labor. While this concentration supports pricing power and operating efficiency, it also embeds cyclical exposure to Southern California fundamentals and local development pipelines. The customer roster spans ~6,500 users across e-commerce, third-party logistics and consumer sectors. Amazon is the largest single customer and remains a meaningful rent contributor; the rest of the top tier includes big-box retailers and global parcel integrators. Strategically, Prologis is positioning the platform to capture the next leg of logistics demand while adding growth vectors in data center power and on-site energy that monetize the portfolio’s land, scale and utility access.