Prologis Flags Bay Area’s Tight Occupancy, 5% to 6% Rent Growth Pace on Q3 Call

San Francisco-based Prologis used its third-quarter 2026 earnings call to single out the Bay Area as one of the country's standout logistics markets, pointing to high occupancy, Northern California rent growth tracking at 5 percent to 6 percent this year and a fast-growing wave of data center supply-chain tenants.