Blackstone REIT buys 60% of two industrial portfolios owned by LBA Logistics in a recapitalization deal.
Prices need to fall to levels that support investing in new uses.
The nearly 850,000-sqaure-foot portfolio is located in Huntsville, Alabama and Madison, North Carolina.
Sponsored by CREyield
Sponsored by essensys
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.