Prologis began in 1983 when Hamid Moghadam and partners established a real estate investment firm. The company merged with Prologis in 2011 to become a dominant industrial real estate entity. Prologis specializes in logistics facilities across several continents, serving diverse business needs. Their operations include property management, development, and Essentials - a division providing logistics technology solutions. The company has maintained a significant market presence through strategic expansions and adaptations to industry changes over the decades.