Acquisition of Duke	9 Months Ended
Sep. 30, 2022
Business Combination And Asset Acquisition [Abstract]
Acquisition of Duke	NOTE 12. ACQUISITION OF DUKE On October 3, 2022, we completed the acquisition of Duke. The purchase price consideration was determined based upon a fixed exchange ratio, with each issued and outstanding share of Duke Realty common stock and common unit of Duke Realty OP converting automatically into the right to receive 0.475 of a newly issued share of Prologis, Inc. common stock or common unit of Prologis, L.P., as applicable. We issued approximately 183 million shares of Prologis, Inc. common stock and 2 million common limited partnership units in the OP in the Duke Transaction. After consideration of all applicable factors pursuant to the business combination accounting rules, we concluded the transaction will be treated as an asset acquisition and as a result the transaction costs will be capitalized to the basis of the acquired properties. The total acquisition price was approximately $23 billion through the issuance of equity based on the value of the Prologis, Inc. common stock issued using the closing price on September 30, 2022 and the assumption of debt.

Acquisition of Duke

9 Months Ended

Sep. 30, 2022

Business Combination And Asset Acquisition [Abstract]

NOTE 12. ACQUISITION OF DUKE

On October 3, 2022, we completed the acquisition of Duke. The purchase price consideration was determined based upon a fixed exchange ratio, with each issued and outstanding share of Duke Realty common stock and common unit of Duke Realty OP converting

automatically into the right to receive 0.475 of a newly issued share of Prologis, Inc. common stock or common unit of Prologis, L.P., as applicable. We issued approximately 183 million shares of Prologis, Inc. common stock and 2 million common limited partnership units in the OP in the Duke Transaction. After consideration of all applicable factors pursuant to the business combination accounting rules, we concluded the transaction will be treated as an asset acquisition and as a result the transaction costs will be capitalized to the basis of the acquired properties. The total acquisition price was approximately $23 billion through the issuance of equity based on the value of the Prologis, Inc. common stock issued using the closing price on September 30, 2022 and the assumption of debt.