Blackstone Sells 100-Property Industrial Logistics Portfolio to Nuveen Real Estate
10.14.19
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The Firm recently represented Blackstone in connection with the sale of a 100-property industrial logistics portfolio to Nuveen Real Estate for approximately $3 billion. This transaction comes on the heels of the Firm’s representation of Blackstone in its acquisition of these assets as part of its $18.7 billion acquisition of logistics assets from GLP, the largest-ever private real estate transaction globally, which closed on September 26.
The Simpson Thacher team included Sasan Mehrara, Danielle Jackson, Brittany Baclawski, Robert Vogel and Stephanie Brenner (Real Estate); and Nancy Mehlman and Ed Grais (Tax).