With a market cap of $119 billion, California-based Prologis, Inc. (PLD) is the world’s largest industrial real estate investment trust (REIT), specializing in logistics facilities, including warehouses, fulfillment centers, and distribution hubs. Headquartered in San Francisco, the company owns and manages a global portfolio spanning nearly 1.3 billion square feet across about 20 countries, serving over 6,500 customers, including major retailers, e-commerce players, and logistics providers.
Companies worth $10 billion or more are generally described as "large-cap stocks." Prologis fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the industrial REIT industry. Positioned in high-growth, high-barrier markets and benefiting from structural trends like e-commerce expansion and supply-chain modernization, Prologis is widely recognized as the global leader in logistics real estate.
