Prologis, GIC Launch $1.6B Build-to-Suit JV

NodeGuardian · 2026-03-25T23:47:05+00:00

Prologis, Inc. and GIC have launched a $1.6 billion joint venture to develop build-to-suit logistics facilities in key U.S. markets, leveraging strong customer demand and combining Prologis' expertise with GIC's capital.

NodeGuardian

2026-03-25 23:47:05

Abstract generation in progress

Prologis, Inc. and global investor GIC have formed a $1.6-billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets. This venture capitalizes on the strong customer conviction in build-to-suit projects, which represented over 60% of Prologis’ 2025 construction starts. The partnership will combine Prologis’ expertise with GIC’s institutional capital, aiming to scale with demand.

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