Prologis Buys Blackstone Warehouses
Benzinga
Benzinga
  • 10 months ago
Prologis to buy 14 million sq. ft. of U.S. warehouses and distribution properties from Blackstone for $3.1 billion. Demand driven by economic growth and online retail. Prologis shares closed at $116.90, down $1.76 from previous day. Reached record high of $168 in 2022.
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