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Black Creek's $920 Million Deal for Prologis Property the First Under Ares Management

48-Property Deal Includes 8.3 Million Square Feet of Space
Demand for industrial properties has been high among investors. (Getty Images)
Demand for industrial properties has been high among investors. (Getty Images)

Black Creek Industrial REIT IV's purchase of 48 industrial properties totaling 8.3 million square feet from affiliates of Prologis Inc. for about $920 million signals a bet that demand for warehouse space across the United States is going even higher.

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