Prologis, Inc., a leading real estate investment trust specializing in industrial warehouse space, reported strong quarterly earnings with a 9.5% increase in revenue and secured 58 million square feet in new leases. The company highlighted that the ongoing trade war and tariff policies under the Trump administration are driving increased demand for warehouse space as companies like Amazon, Home Depot, and FedEx stockpile goods in anticipation of tariffs. Prologis CEO Hamid Moghadam noted that a disconnected global trade environment is boosting the need for domestic warehousing. Despite these positive trends, Prologis also warned that tariff-related uncertainty is causing some businesses to delay leasing decisions. The company’s 2025 guidance remains unchanged amid this evolving trade landscape. Meanwhile, economic uncertainty linked to tariffs is negatively impacting office leasing in markets such as Dallas, according to developer Craig Hall.