PLDPrologis

$127.04+4.6% 1Y

Operating metrics

Average occupancy at Prologis: 95.1% for Q3 2026, +0.3 points on a year ago.

Operating metrics

From earnings releases, Q3 2021 to Q3 2026
Average occupancy, Q3 202695.1%

+0.3 points on a year ago

Net effective rent change38.0%

Q3 2026, −11.4 points on a year ago

Cash same store NOI growth5.9%

Q3 2026, +0.7 points on a year ago

Leases commenced55.90M sq ft

Q3 2026, −15% on a year ago

Customer retention75.9%

Q3 2026, −1.3 points on a year ago

Average occupancy, Q3 2026: 95.1%

Average Occupancy95.1%

Source: Q3 2026 earnings release, filed Oct 15, 2026

Every quarter, with its source

QuarterAverage occupancyNet effective rent changeCash same store NOI growthLeases commencedCustomer retentionRelease
Q3 202695.1%38.0%5.9%55.90M75.9%Filed Oct 15, 2026
Q2 202695.0%36.9%8.5%61.70M72.7%Filed Jul 16, 2026
Q1 202695.3%31.9%8.8%66.70M75.8%Filed Apr 16, 2026
Q4 202595.3%43.8%5.7%43.80M77.7%Filed Jan 21, 2026
Q3 202594.8%49.4%5.2%65.60M77.2%Filed Oct 15, 2025
Q2 202594.9%53.4%4.9%51.20M74.9%Filed Jul 16, 2025
Q1 202594.9%53.7%6.2%65.10M72.9%Filed Apr 16, 2025
Q4 202495.6%66.3%6.7%46.50M78.4%Filed Jan 21, 2025
Q3 202495.9%67.8%7.2%50.80M75.7%Filed Oct 16, 2024
Q2 202496.1%73.9%7.2%46.60M73.2%Filed Jul 17, 2024
Q1 202496.8%67.6%5.7%48.10M74.3%Filed Apr 17, 2024
Q4 202397.1%74.1%8.5%43.70M73.1%Filed Jan 17, 2024
Q3 202397.1%84.0%9.5%46.40M76.8%Filed Oct 17, 2023
Q2 202397.5%78.5%10.7%43.30M70.5%Filed Jul 18, 2023
Q1 202398.0%68.8%11.4%49.70M77.2%Filed Apr 18, 2023
Q4 202298.0%50.6%9.1%42.50M82.4%Filed Jan 18, 2023
Q3 202297.7%59.7%9.3%51.00M76.4%Filed Oct 19, 2022
Q2 202297.6%45.6%8.2%51.30M78.6%Filed Jul 18, 2022
Q1 202297.4%37.0%8.7%52.20M75.4%Filed Apr 19, 2022
Q4 202197.4%33.0%7.5%55.10M75.8%Filed Jan 19, 2022
Q3 202196.6%27.9%6.7%49.50M79.3%Filed Oct 15, 2021
Average occupancy
Average occupancy of the owned and managed operating portfolio during the quarter.
Net effective rent change
Change in net effective rent on leases signed in the quarter versus the prior lease, Prologis share.
Cash same store NOI growth
Year-over-year growth in cash same store net operating income, Prologis share.
Leases commenced, sq ft
Square feet of leases commenced in the quarter, operating and development portfolio, owned and managed.
Customer retention
Share of expiring square footage retained in the quarter, owned and managed.

Source: company earnings releases furnished to the SEC on Form 8-K (Item 2.02, Exhibit 99), SEC EDGAR.

Prologis (PLD) Key Metrics: Average Occupancy by Quarter · Ryufin