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https://www.cnbc.com/amp/2022/06/13/prologis-amazon-warehouse-landlord-to-buy-duke-realty-for-26-billion.html https://www.cnbc.com/amp/2022/06/13/prologis-amazo
by codetrotter 3y ago
https://www.cnbc.com/amp/2022/06/13/prologis-amazon-warehouse-landlord-to-buy-duke-realty-for-26-billion.html https://www.cnbc.com/amp/2022/06/13/prologis-amazon-warehous...
Prologis controls roughly 1 billion square feet of warehouses and distribution centers used by companies including Amazon, Home Depot and FedEx.
Probably there are others as well that rent warehouses to Anazon.
Having a sign with the name of a business on a building does not mean that the business owns the building itself.
Many companies rent offices for example, and put their logo on the building where they are renting offices.
- organsnyder 3y agoA building I worked in had multiple tenants. My (now former) employer leased five of the six floors, but the big sign on the building advertised a company that had half of the first floor at most. Obviously they were willing to pay more money for advertising rights.
- joe5150 3y agoDoes this explain the proliferation of "Salesforce Towers" around the world? I have not been convinced they actually need that much office space.