v3.26.3
Unconsolidated Entities - Summary of Operating Information and Financial Position of Unconsolidated Co-investment Ventures (Detail)
$ in Thousands, ft² in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
ft²
Property
Venture
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
ft²
Property
Venture
Sep. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
ft²
Venture
Property
Schedule Of Equity Method Investments [Line Items]          
Total assets $ 103,894,706   $ 103,894,706   $ 98,724,256
Total liabilities 43,553,075   43,553,075   $ 40,970,248
Total revenues 2,387,518 $ 2,213,881 7,110,693 $ 6,537,415  
Net earnings 879,902 821,260 3,048,671 2,083,084  
Our earnings from unconsolidated co-investment ventures, net $ 155,417 92,827 $ 396,183 268,418  
Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 13   13   10
Operating properties | Property 2,449   2,449   2,480
Square feet | ft² 551   551   564
Total assets $ 58,482,000   $ 58,482,000   $ 58,253,000
Third-party debt 20,496,000   20,496,000   19,674,000
Total liabilities 25,136,000   25,136,000   23,638,000
Our investment balance [1] 10,716,000   10,716,000   $ 10,263,000
Total revenues 1,391,000 1,308,000 4,112,000 3,838,000  
Net earnings 370,000 278,000 1,073,000 834,000  
Our earnings from unconsolidated co-investment ventures, net $ 118,000 88,000 $ 333,000 257,000  
U.S. [Member] | Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture [2] 3   3   1
Operating properties | Property [2] 782   782   784
Square feet | ft² [2] 140   140   139
Total assets [2] $ 15,639,000   $ 15,639,000   $ 14,711,000
Third-party debt [2] 7,469,000   7,469,000   6,386,000
Total liabilities [2] 8,495,000   8,495,000   7,383,000
Our investment balance [1],[2] 3,628,000   3,628,000   $ 3,283,000
Total revenues [2] 458,000 411,000 1,356,000 1,224,000  
Net earnings [2] 150,000 102,000 363,000 304,000  
Our earnings from unconsolidated co-investment ventures, net [2] $ 52,000 32,000 $ 123,000 96,000  
Other Americas [Member] | Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture 2   2   2
Operating properties | Property 390   390   393
Square feet | ft² 85   85   86
Total assets $ 7,341,000   $ 7,341,000   $ 7,308,000
Third-party debt 2,513,000   2,513,000   2,429,000
Total liabilities 2,882,000   2,882,000   2,753,000
Our investment balance [1] 1,260,000   1,260,000   $ 1,181,000
Total revenues 219,000 206,000 667,000 620,000  
Net earnings 70,000 41,000 211,000 172,000  
Our earnings from unconsolidated co-investment ventures, net $ 21,000 17,000 $ 62,000 54,000  
Europe [Member] | Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture [2] 3   3   2
Operating properties | Property [2] 1,105   1,105   1,058
Square feet | ft² [2] 248   248   238
Total assets [2] $ 26,961,000   $ 26,961,000   $ 26,764,000
Third-party debt [2] 7,140,000   7,140,000   7,101,000
Total liabilities [2] 10,035,000   10,035,000   9,310,000
Our investment balance [1],[2] 5,111,000   5,111,000   $ 5,010,000
Total revenues [2] 569,000 527,000 1,647,000 1,504,000  
Net earnings [2] 107,000 89,000 394,000 258,000  
Our earnings from unconsolidated co-investment ventures, net [2] $ 38,000 31,000 $ 130,000 90,000  
Asia [Member] | Unconsolidated Co-Investment Ventures [Member]          
Schedule Of Equity Method Investments [Line Items]          
Ventures | Venture [2],[3] 5   5   5
Operating properties | Property [2],[3] 172   172   245
Square feet | ft² [2],[3] 78   78   101
Total assets [2],[3] $ 8,541,000   $ 8,541,000   $ 9,470,000
Third-party debt [2],[3] 3,374,000   3,374,000   3,758,000
Total liabilities [2],[3] 3,724,000   3,724,000   4,192,000
Our investment balance [1],[2],[3] 717,000   717,000   $ 789,000
Total revenues [2],[3] 145,000 164,000 442,000 490,000  
Net earnings [2],[3] 43,000 46,000 105,000 100,000  
Our earnings from unconsolidated co-investment ventures, net [2],[3] $ 7,000 $ 8,000 $ 18,000 $ 17,000  
Weighted Average [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [4] 30.80%   30.80%   29.90%
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 [2],[4] 33.90%   33.90%   31.90%
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 [4] 32.20%   32.20%   32.30%
Weighted Average [Member] | Europe [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [2],[4] 33.30%   33.30%   33.10%
Weighted Average [Member] | Asia [Member] | Unconsolidated Co-Investment Ventures [Member] | Other Investees [Member]          
Schedule Of Equity Method Investments [Line Items]          
Our weighted average ownership [2],[3],[4] 15.80%   15.80%   15.60%
[1] 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 September 30, 2026 and December 31, 2025, results principally from four types of transactions: (i) deferred gains from the contribution of property to a venture prior to January 1, 2018; (ii) recording additional costs associated with our investment in the venture; (iii) receivables, principally for fees and promotes; and (iv) customer security deposits retained subsequent to property contributions to our co-investment ventures in Japan.
[2] During the nine months ended September 30, 2026, we formed four new co-investment ventures with third-party investors: two development vehicles in the U.S., one stabilized vehicle in Europe and one acquisition vehicle in Asia. We contributed real estate properties, cash or a combination of both in exchange for equity ownership interests in these ventures. We account for our investment in these ventures under the equity method of accounting.
[3] During 2026, we acquired our partner's interest in an unconsolidated co-investment venture in Asia and consolidated 74 operating properties aggregating 23 million square feet.
[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.