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Unconsolidated Entities - Summary of Operating Information and Financial Position of Unconsolidated Co-investment Ventures (Detail)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2024
USD ($)
ft²
Property
Venture
Sep. 30, 2024
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
ft²
Venture
Property
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2024
USD ($)
ft²
Property
Venture
Dec. 31, 2023
USD ($)
ft²
Venture
Property
Dec. 31, 2022
USD ($)
Schedule Of Equity Method Investments [Line Items]                      
Total assets $ 95,328,909       $ 93,020,840       $ 95,328,909 $ 93,020,840  
Total liabilities 36,712,139       35,197,120       36,712,139 35,197,120  
Total revenues 2,200,646 $ 2,036,389 $ 2,007,954 $ 1,956,621 1,889,247 $ 1,914,664 $ 2,450,971 $ 1,768,587 8,201,610 8,023,469 $ 5,973,692
Consolidated net earnings $ 1,342,176 $ 1,063,451 $ 911,501 $ 630,807 $ 675,884 $ 799,141 $ 1,279,491 $ 498,629 3,947,935 3,253,145 3,555,398
Our earnings from unconsolidated co-investment ventures, net                 $ 353,623 $ 307,227 310,872
Unconsolidated Co-Investment Ventures [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Ventures | Venture 9       9       9 9  
Operating properties | Property 2,436       2,255       2,436 2,255  
Square feet | ft² 551,000,000       508,000,000       551,000,000 508,000,000  
Total assets $ 54,292,000       $ 49,720,000       $ 54,292,000 $ 49,720,000  
Third-party debt 17,926,000       14,887,000       17,926,000 14,887,000  
Total liabilities 21,625,000       18,205,000       21,625,000 18,205,000  
Our investment balance [1],[2] $ 9,275,000       $ 8,379,000       9,275,000 8,379,000  
Total revenues                 4,432,000 4,091,000 3,618,000
Consolidated net earnings [1]                 879,000 950,000 1,036,000
Our earnings from unconsolidated co-investment ventures, net [1]                 $ 337,000 $ 287,000 295,000
U.S. [Member] | Unconsolidated Co-Investment Ventures [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Ventures | Venture 1       1       1 1  
Operating properties | Property 767       745       767 745  
Square feet | ft² 134,000,000       126,000,000       134,000,000 126,000,000  
Total assets $ 13,903,000       $ 11,884,000       $ 13,903,000 $ 11,884,000  
Third-party debt 5,399,000       4,185,000       5,399,000 4,185,000  
Total liabilities 6,466,000       4,930,000       6,466,000 4,930,000  
Our investment balance [1],[2] $ 3,023,000       $ 2,257,000       3,023,000 2,257,000  
Total revenues                 1,452,000 1,315,000 1,182,000
Consolidated net earnings [1]                 665,000 344,000 292,000
Our earnings from unconsolidated co-investment ventures, net [1]                 $ 201,000 $ 95,000 79,000
Other Americas [Member] | Unconsolidated Co-Investment Ventures [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Ventures | Venture [3] 2       2       2 2  
Operating properties | Property [3] 391       275       391 275  
Square feet | ft² [3] 85,000,000       65,000,000       85,000,000 65,000,000  
Total assets [3] $ 7,112,000       $ 4,106,000       $ 7,112,000 $ 4,106,000  
Third-party debt [3] 2,242,000       915,000       2,242,000 915,000  
Total liabilities [3] 2,422,000       997,000       2,422,000 997,000  
Our investment balance [1],[2],[3] $ 1,168,000       $ 1,152,000       1,168,000 1,152,000  
Total revenues [3]                 525,000 427,000 383,000
Consolidated net earnings [1],[3]                 217,000 191,000 137,000
Our earnings from unconsolidated co-investment ventures, net [1],[3]                 $ 68,000 $ 67,000 47,000
Europe [Member] | Unconsolidated Co-Investment Ventures [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Ventures | Venture 2       2       2 2  
Operating properties | Property 1,037       1,007       1,037 1,007  
Square feet | ft² 232,000,000       223,000,000       232,000,000 223,000,000  
Total assets $ 23,873,000       $ 23,504,000       $ 23,873,000 $ 23,504,000  
Third-party debt 6,343,000       5,804,000       6,343,000 5,804,000  
Total liabilities 8,375,000       7,849,000       8,375,000 7,849,000  
Our investment balance [1],[2] $ 4,371,000       $ 4,126,000       4,371,000 4,126,000  
Total revenues                 1,817,000 1,695,000 1,424,000
Consolidated net earnings [1]                 352,000 341,000 493,000
Our earnings from unconsolidated co-investment ventures, net [1]                 $ 125,000 $ 112,000 150,000
Asia [Member] | Unconsolidated Co-Investment Ventures [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Ventures | Venture 4       4       4 4  
Operating properties | Property 241       228       241 228  
Square feet | ft² 100,000,000       94,000,000       100,000,000 94,000,000  
Total assets $ 9,404,000       $ 10,226,000       $ 9,404,000 $ 10,226,000  
Third-party debt 3,942,000       3,983,000       3,942,000 3,983,000  
Total liabilities 4,362,000       4,429,000       4,362,000 4,429,000  
Our investment balance [1],[2] $ 713,000       $ 844,000       713,000 844,000  
Total revenues                 638,000 654,000 629,000
Consolidated net earnings [1]                 (355,000) 74,000 114,000
Our earnings from unconsolidated co-investment ventures, net [1]                 $ (57,000) $ 13,000 $ 19,000
Weighted Average [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Our weighted average ownership [4] 29.00%       28.10%       29.00% 28.10%  
Weighted Average [Member] | U.S. [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Our weighted average ownership [4] 30.50%       27.30%       30.50% 27.30%  
Weighted Average [Member] | Other Americas [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Our weighted average ownership [3],[4] 30.90%       39.30%       30.90% 39.30%  
Weighted Average [Member] | Europe [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Our weighted average ownership [4] 33.00%       31.90%       33.00% 31.90%  
Weighted Average [Member] | Asia [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]                      
Schedule Of Equity Method Investments [Line Items]                      
Our weighted average ownership [4] 15.20%       15.20%       15.20% 15.20%  
[1] During the fourth quarter of 2024, we recognized an impairment charge against our investment balance in Prologis China Logistics Venture.
[2] Prologis’ investment balance is presented at our adjusted basis. The difference between our ownership interest of a venture’s equity and our investment balance at December 31, 2024, and 2023, results principally from four types of transactions: (i) deferred gains from the contribution of property to a venture prior to January 1, 2018 ($520.0 million and $534.9 million, respectively); (ii) recording additional costs associated with our investment in the venture ($80.2 million and $91.7 million, respectively); (iii) receivables, principally for fees and promotes ($186.2 million and $199.9 million, respectively); and (iv) customer security deposits retained subsequent to property contributions to NPR and PJLF, as discussed above.
[3] PBLV and our other Brazilian joint ventures are combined as one venture for the purpose of this table.
[4] Represents our weighted average ownership interest in all unconsolidated co-investment ventures based on each entity’s contribution of total assets before depreciation, net of other liabilities.