Blackstone Archives | Page 6 of 6 | Weekly Real Estate News

Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio

by Phil Hall | Jun 26, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Prologis Inc. (NYSE: PLD) is paying $3.1 billion to acquire nearly 14 million square feet of industrial properties from real estate funds affiliated with Blackstone (NYSE:BX). The price on the all-cash transaction represents an approximately 4% cap rate in the first...

Blackstone Acquires Majority Stake in Out-of-Home Media Company

by Phil Hall | Jun 12, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Blackstone (NYSE:BX) announced that funds managed by the company’s Blackstone Tactical Opportunities division acquired a majority stake in New Tradition Media, an out-of-home media operator with assets across the nation’s largest markets. Founded in 2010, New...

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Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio

Blackstone Acquires Majority Stake in Out-of-Home Media Company

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