Prologis

Owner

Reit

1800 Wazee St #500 Denver, CO 80202

Pier 1, Bay 1 San Francisco, California 94111 USA

People:

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Prologis portfolio

$55.8 million* – industrial 77%, development 12%; Queens 55%, Brooklyn 40%

887th largest portfolio by dollar value

382,498 sqft – industrial 65%, E1 33%;

757th largest by SF

18 properties – Brooklyn 50%, Queens 44%

509th largest

Company Activity past 24 months:

Buyer company: 2 for $171 million

Seller company: 1 for $14.8 million

Top Ten Associated Companies:

Almar Supplies (3), Radutzky family (2), Alan Dern (1), James Juliano (1), Raymond Rudolph (1), Babureddy Mareddy (1), National Grid (1), Bestway Carting (1), DH Property Holdings (1), Family Stations (1)

Top Ten Associated People:

Rossana Bortone (3), Sabatino Lamanna (3), Alan Dern (1), James Juliano (1), Raymond Rudolph (1), Babureddy Mareddy (1), Steven Doben (1), Luciano Casagrande (1), Thomas Evans (1), Marlene A. Holas (1)

Recent activity as company:

• ExxonMobil sold 400 Kingsland Avenue, Greenpoint, Brooklyn for $120 million to Prologis on January 07, 2025.

Prologis sold 57-05 47th Street and 57-57 47th Street, Maspeth, Queens for $14.8 million to Bestway Carting on June 21, 2024.

National Grid sold 2731 West 12th Street, Gravesend, Brooklyn for $51 million to Prologis on February 02, 2024.

James Juliano and Raymond Rudolph sold 46-81 Metropolitan Avenue, Maspeth, Queens for $19.3 million to Prologis on February 02, 2022.

Alan Dern sold 448 Kingsland Avenue, Greenpoint, Brooklyn for $7.6 million to Prologis on January 21, 2022.

Almar Supplies sold 58-20 47th Street, Maspeth, Queens for $4.2 million to Prologis on January 13, 2022.

Almar Supplies sold 57-05 47th Street, Maspeth, Queens for $8.9 million to Prologis on January 13, 2022.

Almar Supplies sold 57-00 47th Street, Maspeth, Queens for $33.8 million to Prologis on January 13, 2022.

Babureddy Mareddy sold 280 Johnson Avenue, East Williamsburg, Brooklyn for $27.5 million to Prologis on December 22, 2021.

TF Cornerstone sold 38-21 12th Street, Astoria, Queens for $35 million to Prologis on November 16, 2021.

Latest Stories:

• Prologis pays $120M to ExxonMobil for industrial in Greenpoint (January 08, 2025)

• Bestway Carting pays $14.8M to Prologis for two properties in Maspeth (June 24, 2024)

• Prologis pays $51M to National Grid for 16-acre dev site in Coney Island (February 02, 2024)

• Prologis pays $7.6M to Alan Dern for industrial building in Greenpoint (January 24, 2022)

• Prologis pays $46.9M to Almar Supplies for 3 parcel dev site in Maspeth (January 14, 2022)

• Prologis pays $27.5M to Babureddy Mareddy for development in East Williamsburg (December 23, 2021)

• Prologis buys TF Cornerstone’s Astoria development site for $35M (November 16, 2021)

• Prologis pays $18.4M for industrial in Soundview (October 15, 2021)

• Prologis pays $42.7M for 69% stake in Maspeth warehouse (June 14, 2021)

• Prologis pays $51M to Family Stations for property in Maspeth (November 25, 2020)

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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