Real Estate
The Blackstone Group, America’s largest private landlord, is buying a 22 million-square-foot industrial portfolio for $1.8 billion, according to documents filed by the company with the Securities and Exchange Commission. The seller is Cabot Properties, a Boston-based private equity firm that assembled the package through its Industrial Value Fund IV. Blackstone signed a contract to buy the package on Dec. 19, according to the SEC filing. The portfolio covers 146 properties concentrated in Chicago (four million […]

In this article