• 1f. Real Estate Trends and News – North Texas

  Blackstone bets on industrial with Texas portfolio purchase for more than $700 m

  Posted by propshop_connector on 11 April 2025 at 5:01 PM

  https://www.costar.com/article/3078255/blackstone-bets-on-industrial-with-texas-portfolio-purchase-for-more-than-700-million

  COSTAR Writes:

  Funds buy 95% stake in 25 Dallas- and Houston-area buildings from Crow Holdings

  “Funds affiliated with Blackstone Real Estate plan to acquire a 95% stake in a Texas industrial portfolio developed by Crow Holdings for $718 million, saying executives are undeterred by large stock swings and economic uncertainty.

  The deal for about 6 million square feet of industrial space spanning 25 buildings primarily in the Dallas and Houston regions is expected to close by mid-2025. The addresses were not disclosed. Blackstone and Crow Holdings declined further comment beyond a Thursday statement.”

  Read more in the original article below:

  

  costar.com

  Blackstone bets on industrial with Texas portfolio purchase for more than $700 million

  Funds buy 95% stake in 25 Dallas- and Houston-area buildings from Crow Holdings

  propshop_connector replied 2 weeks, 5 days ago 1 Member · 0 Replies
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