How a warehouse innovator quietly built a corporate giant

Hamid Moghadam thinks of life in 14-year cycles. In 1983, he cofounded AMB Property Corporation to invest in offices, industrial parks, and shopping centers and took it public 14 years later. In 2011, he merged the company with his biggest competitor to form Prologis, the world’s largest industrial property owner with $8.2 billion in revenue and 1.3 billion square feet of warehouses and logistics facilities in its portfolio. Now, 14 years after the merger that put Prologis on the path to be No.