
Good luck finding someone who shaped today's real estate world more than Hamid Moghadam.
ProLogis recently announced that Hamid Moghadam, its CEO, will retire later this year. Moghadam’s journey is one of resilience, foresight, and game-changing leadership.
Moghadam's path...
Started from scratch:
After leaving Iran at 13 and later earning degrees from MIT and Stanford, he faced 80+ job rejections before launching his career.
Early market genius:
Co-founded AMB Property Corporation (1983), initially investing in diverse real estate sectors but made a bold pivot to industrial logistics before it became mainstream.
E-commerce visionary:
In 1999, years before e-commerce took off, he bet big on warehouses as the new storefronts, selling off retail centers to double down on logistics.
Global expansion:
Recognized that supply chains were going global, leading AMB into Mexico, Europe, and Asia long before competitors caught on.
Turned crisis into opportunity:
In 2011, he engineered a merger with ProLogis, transforming the company into an industrial real estate giant. Despite AMB being smaller at the time, he emerged as the dominant leader.
Built a powerhouse:
Under his leadership, Prologis expanded to 1.2 billion square feet across 19+ countries and became known as “Amazon’s landlord.”
Master of deals:
Acquired major competitors, including DCT Industrial ($8.4B), Liberty Property Trust ($13B), and Duke Realty ($23B), making Prologis the undisputed industry leader.
A leader who gives back:
Serves on boards at Stanford, MIT, and the Urban Land Institute, helping shape the future of real estate and business leadership.
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