PLD · News · 20261106N

Acquisition / Partnership / Divestiture

Prologis, Inc. · 2026-11-06 · Importance 31 · Surprise 42 · In source text

Prologis entered a joint venture with Gaming and Leisure Properties (GLPI) to redevelop the former Hollywood Casino Joliet site into an industrial and logistics park. The project is GLPI’s first diversification beyond gaming real estate and is intended to create a new income stream for GLPI. The report did not disclose the joint venture’s investment amount, ownership split, or expected completion date.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable—Prologis entered a new joint venture with Gaming and Leisure Properties to redevelop the former Hollywood Casino Joliet site into an…