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Blackstone’s headquarters in Midtown Manhattan

NEW YORK–Blackstone Group has scooped up another industrial portfolio — 100 properties totaling 14 million square feet, located mostly in urban areas in southeastern states, according to a report in Bloomberg, which cites people familiar with the matter. The seller was reported to be Harvard University’s endowment and the sales price, $950 million.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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