Continuing its expansion of industrial real estate, the Blackstone Group scooped up a one-story warehouse in the Bronx that recently snagged Krispy Kreme as a tenant. The private equity giant dropped $28.5 million on 535 Zerega Avenue in Castle Hill, property records show. The sellers were Simone Development Companies and an entity managed by Steven Squitieri, whose family ran the now-defunct garbage hauler Sanitation Salvage. Blackstone and Simone declined to comment. Squitieri, whose company was
source https://therealdeal.com/2019/12/19/blackstone-buys-bronx-warehouse-for-29m-from-controversial-carter/
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