Call it industrial-size investment. If there was any lingering doubt about the newfound primacy of warehouse space in and around New York and other major metro areas, Blackstone Group’s $18.7 billion deal with GLP this summer likely put that to rest. The sprawling portfolio consists of about 179 million square feet across 1,300 warehouse and logistics properties in at least nine states, including 8.5 million square feet in New Jersey, where the industrial market is […]
source https://therealdeal.com/tristate/issues_articles/e-commerces-industrial-strength-in-the-tri-state/#new_tab#new_tab
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