Blackstone Buys UPS-Anchored Development for $59M
A UPS-leased industrial development in Saugus developed by Hilco Redevelopment Partners was acquired by Blackstone Real Estate for $58.5 million.
Blackstone Gobbles Up Six Leased Properties for $175M
In its second big-ticket Bay State transaction this month, Blackstone’s Link Logistics paid $175 million for six suburban Massachusetts industrial properties.
Blackstone Buys Amazon Warehouses for $153.5M
An investment platform established by Blackstone Real Estate in 2019 to tap into the growth of e-commerce facilities has acquired a pair of Amazon-leased properties in Northborough for $153.5 million.
Behind BioMed’s Buying Spree
Investors in life science developer BioMed Realty’s parent, a Blackstone Real Estate fund, were in no hurry to cash out and take their profits in 2020 as the pandemic was making the biopharma sector more attractive than ever. So the private equity giant gave them a new, multi-billion-dollar option.
