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CEO of Prologis resigns

Jeffery Schwartz is calling it quits at Prologis after just under four years on the job.

If you want the full scoop and stories about this event and the company, let me recommend Stripnomics to you. Richard Woon's been covering this company in detail and probably has forgotten more about it than I know.

UPDATE: on top of everything else, such as dividend cutting, overhead slashing, etc., Prologis is halting all new development.