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Why solar can be a moneymaker for industrial real estate

October 5, 2016

Prologis is the largest industrial real estate company in the world. Jeannie Renne-Malone, VP of Sustainability for Prologis, let us in on the company’s innovative method of cashing-in on the rooftop space of their buildings at VERGE 16

"We have a lot of rooftop space, and so we realized it's an underutilized asset as part of our buildings. So we looked at it as a business opportunity," said Renne-Malone. Prologis rents out the rooftop space of their buildings to entities that then use the roof for their energy needs using solar panels.