Prologis: 5.8 GW AI Power Pipeline, $4B BTS — CRE AI Briefing, Sep 20, 2026

Prologis puts a logistics REIT stamp on AI infrastructure: about 10% of new leasing already ties to the data-center build-out, with roughly 5.8 GW of power secured or advanced (1.6 GW locked) and about $4B of data-center build-to-suits started. In Wisconsin, ATC refiled a $2.48–$2.72B transmission package for Port Washington’s Lighthouse campus (Oracle/OpenAI on Vantage) after regulators forced a do-over — first-phase load around 1,300 MW. And Google’s Finland stack pairs ≥€13B of AI infrastructure with a 22-year Fortum PPA for up to half of Loviisa nuclear output, plus an MoU to scout powered land for more campuses.Reach out to the AI Consulting Network: https://www.theaiconsultingnetwork.com/Sources:1. https://www.themarketsdaily.com/2026/09/20/prologis-sees-leasing-surge-data-centers-fuel-growth-outlook.html2. https://www.atcllc.com/atc-files-revised-application-for-the-ozaukee-county-distribution-interconnection-project/3. https://www.wpr.org/news/atc-reapplies-transmission-project-port-washington-data-center4. https://www.ozaukeepress.com/content/atc-quickly-files-new-power-line-application5. https://www.fortum.com/en/media/2026/09/inside-information-fortum-and-google-partner-drive-sustainable-growth-finland-sign-nuclear-power-purchase-agreement6. https://www.reuters.com/business/media-telecom/google-invest-15-billion-ai-infrastructure-finland-2026-09-09/7. https://www.googlecloudpresscorner.com/2026-09-09-Google-Deepens-Commitment-to-Finland-with-Two-Year-EUR13-Billion-investment-in-AI-Infrastructure8. https://ir.cushmanwakefield.com/news/press-release-details/2026/Cushman--Wakefield-Releases-2026-Data-Center-Development-Cost-Guide-Citing-21-Rise-in-Per-MW-Construction-Costs/default.aspx9. https://www.cushmanwakefield.com/en/united-states/insights/data-center-development-cost-guide