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Prologis acquires 14 million square feet of industrial real estate from Blackstone in $3.1 billion deal

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
Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. Photo: Jeenah Moon, Reuters

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