Prologis Payments For Leasing Costs Commissions And Tenant Improvements decreased by 9.2% to $138.21M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $131.78M to $138.21M. Over 3 years (FY 2021 to FY 2024), Payments For Leasing Costs Commissions And Tenant Improvements shows an upward trend with a 15.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Higher spending may indicate a competitive leasing environment or a focus on tenant retention, while lower spending may indicate high occupancy with low turnover.
Reflects the cash outflows related to tenant improvements, leasing commissions, and other costs incurred to secure or re...
Standard for commercial real estate; peers report this as part of leasing-related capital expenditures.
investing_payments_for_leasing_costs_commissions_and_ten_5246bd| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $76.90M | $85.82M | $95.21M | $85.02M | $90.46M | $86.70M | $77.06M | $78.96M | $89.10M | $102.96M | $117.80M | $104.31M | $111.40M | $131.78M | $152.44M | $123.12M | $152.24M | $138.21M |
| QoQ Change | — | +11.6% | +10.9% | -10.7% | +6.4% | -4.2% | -11.1% | +2.5% | +12.8% | +15.6% | +14.4% | -11.5% | +6.8% | +18.3% | +15.7% | -19.2% | +23.7% | -9.2% |
| YoY Change | — | — | — | — | +17.6% | +1.0% | -19.1% | -7.1% | -1.5% | +18.8% | +52.9% | +32.1% | +25.0% | +28.0% | +29.4% | +18.0% | +36.7% | +4.9% |