Prologis, a leading logistics real estate firm, has reached a $3.1 billion definitive agreement with Blackstone to acquire approximately 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone.
![Photo: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. Photo: Jeenah Moon, Reuters](https://krugmaninsights.com/wp-content/uploads/2023/06/J6KCYLNXGNJMHON55NWQTAIWHM-1024x683.jpeg)
Prologis, a leading logistics real estate firm, has reached a $3.1 billion definitive agreement with Blackstone to acquire approximately 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone.
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