Jennifer Waters

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<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Blackstone Group, no stranger to oversized commercial real estate deals, is picking up a 27-building warehouse portfolio from CenterPoint Properties for $400 million as it bulks up its industrial holdings.</p></div></div>

United States

Industrial

Investor's $400 Million Deal Shows It's Still Hot on the Sector With Demand High for Last-Mile Space

Blackstone Scoops Up 27-Building Midwest Industrial Portfolio in $400 Million Deal

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Blackstone Scoops Up 27-Building Midwest Industrial Portfolio in $400 Million Deal

Investor's $400 Million Deal Shows It's Still Hot on the Sector With Demand High for Last-Mile Space

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