Singapore’s GLP to Buy U.S. Warehouses for $1.1 Billion

Updated on
  • Deal for $700 million of leased buildings to close this year
  • Properties under-development to be acquired over 18 months

Global Logistic Properties Ltd., the second-largest owner of U.S. industrial real estate, agreed to buy $1.1 billion of warehouses from Hillwood Development Co. 

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