The world’s biggest industrial real-estate giant said the escalating global trade war will spur demand for U.S. storage space as companies stockpile inventory close to consumers. Prologis said its customers, which include Amazon.com, Home Depot and FedEx, have been rushing in merchandise, rerouting shipments and taking on overflow storage space as they seek to get ahead of President Trump’s new tariffs. Chief Executive Hamid Moghadam, who plans to retire Jan. 1, told The Wall Street Journal he believes Prologis is well positioned during a period of uncertainty in the broader market because the company operates warehouses across the U.S. and around the world near population centers.

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