Investing

Payments For Leasing Costs Commissions And Tenant Improvements

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.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2025Oct 28, 2025

How to read 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.

Detailed definition

Reflects the cash outflows related to tenant improvements, leasing commissions, and other costs incurred to secure or re...

Peer comparison

Standard for commercial real estate; peers report this as part of leasing-related capital expenditures.

Metric ID: investing_payments_for_leasing_costs_commissions_and_ten_5246bd

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '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%
Range$76.90M$152.44M
CAGR+14.8%
Avg YoY Growth+16.9%
Median YoY Growth+18.4%

Frequently Asked Questions

What is Prologis's payments for leasing costs commissions and tenant improvements?
Prologis (PLD) reported payments for leasing costs commissions and tenant improvements of $138.21M in Q3 2025.
How has Prologis's payments for leasing costs commissions and tenant improvements changed year-over-year?
Prologis's payments for leasing costs commissions and tenant improvements increased by 4.9% year-over-year, from $131.78M to $138.21M.
What is the long-term trend for Prologis's payments for leasing costs commissions and tenant improvements?
Over 3 years (2021 to 2024), Prologis's payments for leasing costs commissions and tenant improvements has grown at a 15.0% compound annual growth rate (CAGR), from $329.06M to $499.93M.
What does payments for leasing costs commissions and tenant improvements mean?
Cash spent on improvements and commissions to attract or retain tenants.