Prologis, Inc. (Prologis) is a real estate investment trust (REIT) and the general partner of the Prologis, L.P. As of December 31, 2012, it owned an approximate 99.59% common general partnership interest in the Prologis, L.P. and 100% of the preferred units in the Prologis, L.P. The Company is a global owner, operator and developer of industrial real estate, focused on markets tied to global trade across the Americas, Europe and Asia. It operates the REIT and the Operating Partnership as one enterprise. The Company operates in two segments: segments: real estate operations and private capital. The Company co-invests in entities that own multiple properties with private capital investors and provide asset and property management services to these entities. Effective January 8, 2014, Prologis Inc acquired six Class-A logistics facilities, located in Nashville, Tennessee. In June 2014, it sold a 7.5 million square foot industrial portfolio in the United States to TPG.