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Blackstone Acquisition Boosts Fourth Quarter Industrial Investment in Indianapolis

Over $255 Million in Industrial Properties Traded in Final Three Months of 2021
The 741,092-square-foot facility at 3003 Reeves Road in Plainfield, Indiana, was one of four industrial buildings that traded in Blackstone Real Estate Income Trust's acquisition of WPT Industrial. (CoStar)
The 741,092-square-foot facility at 3003 Reeves Road in Plainfield, Indiana, was one of four industrial buildings that traded in Blackstone Real Estate Income Trust's acquisition of WPT Industrial. (CoStar)
CoStar Analytics
January 6, 2022 | 8:52 P.M.

A major portfolio purchase by a Blackstone Group affiliate helped drive a solid fourth quarter in the Indianapolis industrial market, representing about 75% of total sales volume over the three-month period.

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