Deals
Two Companies Are Dominating the Battle for Warehouse Space
- Logistics accounts for growing share of real estate deals
- E-commerce shipping is driving demand industrial properties
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It’s the year of the warehouse mega-deal, and the two largest players are running away from the pack.
Blackstone Group Inc. and real estate investment trust Prologis Inc. are locked in an Amazon-fueled acquisition battle, gobbling up U.S. warehouse space in a bid to profit from rising consumer demand for fast shipping.