ProLogis is the world's largest industrial and logistics infrastructure provider, and a Fortune 1000 and S&P 500 member. ProLogis manages total assets of $40.8 billion, with 2,898 properties (about 51 million square meters) under development and management in 20 countries and 136 markets across North America, Asia and Europe. The company leases its industrial facilities to over 4,900 customers. ProLogis has brought a brand-new vision to the industrial real estate industry and has been the first to establish a global distribution facilities network, a platform that increases the efficiency of our customers' supply chains.(As of Sept.30)

Whether the distribution demands are local or worldwide, ProLogis gives its customers the advantage of local market expertise and the strength of a global presence. ProLogis provides flexible distribution and supply-chain solutions that can meet rapidly changing market conditions.

ProLogis operates a global development organization that delivers both inventory and build-to-suit projects.

Founded in 1993 as Security Capital Industrial Trust, the service-oriented company lived up to its mission by focusing exclusively on meeting the local and regional real estate and distribution needs of its customers. This was achieved through what has become known as the ProLogis Operation System® - a network of real estate professionals working together to service customers around the world.

In July of 1998, the company changed its name to ProLogis Trust to more accurately reflect its growing global business and create stronger name recognition among Fortune 1000 companies. In March 1999, ProLogis acquired Meridian Industrial Trust and in 2004 ProLogis merged with Keystone Property Trust substantially increasing the company's presence in the largest logistics markets in North America and generation significant operational and cost benefits.

At ProLogis, global expansion has always been driven by customer demand. The company took its first steps towards global expansion in 1997 with the development of distribution facilities in Reynosa, Mexico and Amsterdam, the Netherlands. In response to the needs of international customers, ProLogis expanded into Asia by establishing operations in Japan in July 2001 and China in April 2003.

ProLogis' Common Shares are publicly held and are traded on the New York Stock Exchange under the symbol “PLD.” The company operates as a Real Estate Investment Trust (REIT) for federal tax purposes and pays regular quarterly distributions the shareholders. ProLogis currently has around 2,406 distribution facilities, service offices and properties for future development in more than 80 markets strategically located throughout North America, Europe and Asia.