A real estate trust controlled by private equity giant Blackstone Group is significantly deepening its investment in industrial real estate with an agreement to take a majority stake in 71 logistics properties, mostly on the West Coast, valued at about $1.6 billion.
Blackstone Claims Majority Stake in Two Massive Logistics Portfolios
Real Estate Arm of Private Equity Giant Makes Play for Portion of Developer LBA's Holdings
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IN THIS ARTICLE
- Companies
- LBA Logistics
Real Estate
- Blackstone Real Estate Income Trust, Inc.
Real Estate