Prologis Acquisition of 500,000 SF Last-Mile Logistics Facility, Dallas

Deal value: $95 Million

Prologis acquired a 500,000 SF last-mile logistics facility in Dallas, Texas, with 36-foot clear height, to expand its urban logistics footprint and serve e-commerce tenants.

Prologis is expanding its urban logistics footprint in Dallas to capitalize on surging e-commerce demand and the critical need for last-mile distribution. The acquisition reflects a strategic bet on Dallas as a top-tier logistics hub, offering proximity to major highways, a large consumer base, and robust infrastructure. This move aligns with the broader industry shift toward urban infill locations that reduce delivery times and costs for retailers. The timing is driven by sustained growth in online retail, tight supply of modern logistics space, and Dallas’s status as a magnet for corporate relocations and population growth.