Blackstone REIT Acquires 102-Property U.S. Logistics Portfolio
December 1, 2021 | James Sprow | Blue Vault
Blackstone Real Estate Income Trust Inc. acquired the 102-property U.S. logistics portfolio of Cabot Properties Inc. as part of the latter’s $2.8 billion sale of its Value Fund V logistics portfolio to Blackstone Inc., Dow Jones Newswires reported. Blackstone’s European Core+ business and affiliates acquired the remaining European assets, comprising 22 properties.
Source: S&P Capital IQ