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Blackstone to Buy Brookfield’s Simply Self Storage for $1.2 Billion

Deal for Simply Self Storage Includes 8 Million Square Feet of Space

Blackstone’s purchase of Simply Self Storage would add facilities across the United States. (Simply Self Storage)
Blackstone’s purchase of Simply Self Storage would add facilities across the United States. (Simply Self Storage)

Blackstone Real Estate Income Trust agreed to buy Simply Self Storage from Canada’s Brookfield Asset Management for about $1.2 billion, a move that’s expected to create the third-largest nonlisted owner of storage facilities in the United States.

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