YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Blackstone Group Inc. penned a $5.9 billion deal to buy a portfolio of industrial warehouses.
The deal with Colony Capital Inc. includes debt.
Earlier in the year, Blackstone penned a deal to buy Singapore-based GLP's U.S. warehouses for $18.7 billion, including debt.
The acquisitions are seen as logistics plays to capitalize on growing e-commerce trends.
Read more from The Wall Street Journal.
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