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15 Things You Need to Know This Morning

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15 Things You Need to Know This Morning
Blackstone Group To Acquire
$1.8B Industrial Portfolio
The Blackstone Group will acquire a 22M SF industrial portfolio from private equity firm Cabot Properties in a $1.8B deal financed through a combination of cash-on-hand and property-level debt. The portfolio has a 90% occupancy rate and includes 146 properties in Chicago, Dallas, Baltimore/Washington, D.C., Los Angeles, South Florida and New Jersey.

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