Blackstone Bets $18.7 Billion on Amazon Effect in Warehouse Deal

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SOURCE: https://www.bloomberg.com/news/articles/2019-06-03/blackstone-buys-18-7-billion-u-s-property-assets-from-glp

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The mall is now a warehouse, and Blackstone Group LP is betting $18.7 billion on the shift. That?s how much the alternative investment manager is paying for 179 million square feet of urban logistics properties -- the warehouses used by Amazon.com Inc. and ot?

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Blackstone Bets $18.7 Billion on Amazon Effect in Warehouse Deal

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