Prologis einforced its leadership in logistics real estate while outlining expansion plans in data center development at the recently held Citi’s Miami Global Property CEO Conference 2026.
Prologis acknowledges that while operating conditions are healthy in the majority of their markets, customers are remaining focused on controlling costs, which is weighing on decision making and the pace of leasing. High interest rates and mounting geopolitical concerns are also factors that are contributing to this hesitancy but the effect of this indecision on net absorption is expected to be short-term.
Over the past 24 months alone, over 7 million square feet of industrial space has been absorbed in Miami-Dade. What driving this surge in absorption? CLICK ON THE HEADLINE FOR MORE