Real estate investment firm Blackstone Group LP (NYSE: BX) said Sunday evening it reached an agreement to buy assets from Singapore-based GLP for $18.7 billion. What Happened Blackstone reached an agreement to acquire certain assets from three of GLP's U.S. funds which consist of 179 million square feet of urban and infill logistics assets, the companies said in a press release. The deal will nearly double Blackstone's U.S industrial footprint, which is consistent with a focus on logistics. Blackstone's acquisition represents the largest private real estate transaction in history, according to the Wall ...Full story available on Benzinga.com.