Prologis & Amazon
Amazon is Prologis's single largest tenant, leasing approximately 125M+ square feet of industrial and logistics real estate globally, representing approximately 7% of Prologis's total portfolio revenue. Amazon's network of fulfillment centers, delivery stations, and air hubs is the operational backbone of its next-day and same-day delivery promise.
Why it matters: Amazon's logistics infrastructure is inseparable from its retail and competitive advantage. Delivering in one day or less requires hyperlocal distribution, achievable only through hundreds of large-format facilities. As Amazon's delivery promises accelerate (same-day in 90 US metros), the real estate footprint must expand proportionally.