The Blackstone Group
Fairbridge Properties Buys Chicago Office Asset for $43M
The company purchased Oak Brook Gateway, a 233,200-square-foot building, marking its entrance into the Windy City market.
Tampa Distribution Center Trades for $69M
Link Industrial Properties acquired the 955,000-square-foot, Class A industrial asset located just off Selmon Expressway. Cushman & Wakefield negotiated the deal on behalf of the seller.
San Diego Office Complex Trades for $51M
Parallel Capital Partners bought the two-building asset in the Kearny Mesa submarket from Blackstone affiliate EQ Office. The seller had acquired the property as part of a $3.3 billion portfolio deal.
EQ Office Completes $32M Renovation of LA Campus
The Blackstone affiliate has transformed Playa District into a 1.4 million-square-foot property emphasizing lifestyle and wellness experiences.
Blackstone, COPT Form $265M Data Center Venture
A non-traded REIT sponsored by Blackstone is forming a JV with Corporate Office Properties Trust to buy a 1.2 million-square-foot portfolio of COPT data centers.
Blackstone’s Credit Arm Closes $4.5B Fund
GSO Capital Partners announced the final closing of the GSO Energy Select Opportunities Fund II, one of the largest energy-focused credit funds in the market.
Blackstone to Double US Industrial Footprint in Record $18.7B Deal
The company agreed to purchase assets from three GLP funds, building on growing e-commerce demand. The deal is being called the largest-ever private equity real estate transaction.
Blackstone Pursues Multibillion CRE Fund
The investment management giant is planning to raise $5 billion for its latest real estate debt fund.
MSD Partners to Buy 1,000-Key Boca Raton Resort in Florida
A Blackstone affiliate is selling the 2.2 million-square-foot waterfront destination in a transaction scheduled to close in the second quarter.
Blackstone’s Conversion Earns Favorable Reviews
Observers respond favorably to the company’s decision to convert from a publicly traded partnership to a corporation.