PLD · News · 20261102N

Acquisition / Partnership / Divestiture

Prologis, Inc. · 2026-11-02 · Importance 34 · Surprise 42

Prologis and Gaming and Leisure Properties (GLPI) formed a joint venture to redevelop the 262-acre former Hollywood Casino site at 777 Hollywood Boulevard in Joliet, Illinois. GLPI will contribute the land in three phases, while Prologis will manage development of a five-building warehouse and distribution park totaling more than 3.8 million square feet. The project is expected to be built over five years and is subject to review and approval by the City of Joliet. The redevelopment also marks GLPI’s first investment outside the gaming sector.

Key facts

• Prologis and Gaming and Leisure Properties Inc. formed a joint venture to redevelop a 262-acre former casino property in Joliet, Illinois, into a five-building, 3.8 million square foot warehouse and distribution complex. source
• Prologis formed a joint venture with Gaming and Leisure Properties, which will provide the land for the development; Prologis will develop the 262-acre site at 777 Hollywood Boulevard. source