Blackstone dropped at least $129 million on its latest Queens industrial acquisition, property records show. The purchase, spread over 20 parcels near John F. Kennedy Airport, is part of a larger deal with seller TA Realty. For $1 billion, TA Realty sold an industrial portfolio to Blackstone and AEW Capital Management in separate deals; Blackstone picked up 68 properties across the country and AEW bought 28 in Texas, Commercial Property Executive reported. The breakdown of […]
source https://therealdeal.com/2019/09/17/sweeping-industrial-buy-in-queens-cost-blackstone-at-least-129m/
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