ProLogis (NYSE: PLD) has made its rounds on the industry awards circuit this year, scooping up honors as Commercial Property News' Developer of the Year and the Industrial Developer of the Year at the European Property Awards. ProLogis also topped Fortune's list of most admired real estate companies.
The display case probably has room for a few more—the 2006 REITPAC Leadership Award and the 2006 REITPAC Teamwork Award. NAREIT honored ProLogis with these recognitions for raising $64,950 from 86 employees for REITPAC contributions—more than any other REIT. NAREIT chairman Art Coppola presented Jeffrey Schwartz, CEO of ProLogis, with both awards at the 2007 Washington Leadership Forum in February.
This year, ProLogis also became the first REIT to join the Chicago Climate Exchange, a greenhouse gas emissions reduction, registry and trading program.