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New York's Blackstone Makes Another Industrial Move, Buys $312 Million Portfolio in Toronto Region

Latest Purchase Follows Deal for Cominar REIT's Industrial Assets in 2021
A Brampton facility is part of a $312 million portfolio Blackstone-controlled PIRET bought in the Toronto area. (CoStar)
A Brampton facility is part of a $312 million portfolio Blackstone-controlled PIRET bought in the Toronto area. (CoStar)
CoStar News
January 18, 2022 | 1:14 P.M.

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Blackstone's majority-owned Canadian industrial property arm is paying 312 million Canadian dollars for a portfolio of 16 properties that Avison Young said is one of the largest deals of its kind in Greater Toronto Area history.

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News | New York's Blackstone Makes Another Industrial Move, Buys $312 Million Portfolio in Toronto Region