Tag Archives: internet retailers

Private Real-Estate Owner Expands Logistics Business Portfolio

Private-equity giant Blackstone Group LP has cut a deal to pay $1.5 billion for a portfolio of logistics centers, in the latest sign that this e-commerce-driven business is one of the hottest areas in the commercial-property industry. Blackstone, the world’s largest private real-estate owner, has signed a contract to buy the 12 million-square-foot portfolio of mostly West Coast property from

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