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Amazon Scaling Back Aggressive Industrial Warehouse Expansion As Online Sales Slow Down

The world’s largest online retailer is reportedly looking to sublease some of its warehouse space across the country as online sales slow down. This is a move that industrial real estate professionals are watching closely, to get a better understanding of where the industrial rental real estate market may be heading. While the internet retailerContinue reading “Amazon Scaling Back Aggressive Industrial Warehouse Expansion As Online Sales Slow Down”

Private Equity Giant Blackstone Acquires Industrial REIT PS Business Parks

The number of major players in the industrial real estate world just got a little smaller. Private equity giant Blackstone just announced plans to buy commercial real estate REIT PS Business Parks Inc. in a cash deal totaling $7.6 billion. The agreed upon price is roughly a 15% premium over PS Business Parks’ average shareContinue reading “Private Equity Giant Blackstone Acquires Industrial REIT PS Business Parks”