Prologis is 'at a trough,' CEO says, as demand starts to return and data center business gains momentum

After years of heightened vacancies, Prologist CEO Hamid Moghadam told CNBC's Jim Cramer that demand for warehouse and e-commerce facilities is picking up.

venerdì 17 ottobre 2025 New tab

414 words~2 min read

Monday - Friday, 6:00 - 7:00 PM ET

In this article

Prologis

CEO Hamid Moghadam told CNBC’s Jim Cramer that business is improving as demand for properties starts to grow following years of heightened vacancies, and data center buildout creates more opportunities for the company.

“Today, we’re at a trough,” Moghadam said. “We already see signs of companies committing to significant amount of space, particularly the strong ones.”