Capital & Deals / National
Blackstone sold a 28-building, 1.9M-sf Sacramento industrial park for about $245M, a basis well under its own $169/sf print nine days earlier.
08.09.26 · 2 min read
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Blackstone sold a 28-building, 1.9M-sf Sacramento industrial park for about $245M, a basis well under its own $169/sf print nine days earlier.
The joint venture's own release confirms the price, footprint and lender group. Our math on that release puts the basis at about $169 a square foot.