Blackstone, Pure to acquire 1.5M-sq.-ft. Toronto industrial portfolio
Blackstone Real Estate has an agreement to acquire six Greater Toronto Area industrial properties comprising 1.5 million square feet of space for over $400 million.
Blackstone Real Estate has an agreement to acquire six Greater Toronto Area industrial properties comprising 1.5 million square feet of space for over $400 million.
A 165,000 sq. ft logistics and warehousing facility slated for completion in 2024 is proof recent headwinds, namely rising interest rates and a looming recession, can do little to quell momentum in Southwestern Ontario’s white-hot industrial real estate sector.