Blackstone is doubling down on its e-commerce bet with another multibillion dollar industrial portfolio deal. The company is buying Colony Capital’s national warehouse portfolio for $5.9 billion, according to the Wall Street Journal. Blackstone also struck a deal in June to buy a similar portfolio from GLP for $18.7 billion, although it has already started to sell portions of that portfolio. The portfolio Colony sold to Blackstone spans 60 million square feet across 465 warehouses
source https://therealdeal.com/national/2019/09/30/blackstone-buys-colony-capitals-warehouse-portfolio-for-6b/#new_tab
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