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Real Estate - Summary of Acquisition (Detail)
ft² in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
ft²
a
Property
Jun. 30, 2020
USD ($)
ft²
a
Property
Jun. 30, 2021
USD ($)
ft²
a
Property
Jun. 30, 2020
USD ($)
ft²
a
Property
[1]
Business Acquisition [Line Items]        
Number of operating properties | Property 10 1 11 138
Square feet | ft² 2,088 20 2,113 20,276
Acquisition cost of net investments in real estate | $ $ 809,622 $ 147,893 $ 1,038,672 $ 2,541,660
Acquisitions of Properties from Third Parties [Member] | Land [Member]        
Business Acquisition [Line Items]        
Acres of land | a 445 188 706 455
[1] On January 8, 2020, our two U.S. co-investment ventures, Prologis Targeted U.S. Logistics Fund, L.P. (“USLF”) and Prologis U.S. Logistics Venture, LLC (“USLV”), acquired the wholly-owned real estate assets of Industrial Property Trust Inc. (“IPT”) for $2.0 billion each in a cash transaction, including transaction costs and the assumption and repayment of debt (the “IPT Transaction”). As we consolidate USLV, the number of operating properties, square feet and acquisition cost for the properties acquired by USLV are included in the consolidated acquisition activity.