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Blackstone secures $1.45 billion CMBS loan for 94-property industrial portfolio

Crown Imports' beer distribution centers represent 20% of base rent
Crown Imports anchors the newly financed portfolio, led by its center at 3413 Manitou Court in Jurupa Valley, California. (CoStar)
Crown Imports anchors the newly financed portfolio, led by its center at 3413 Manitou Court in Jurupa Valley, California. (CoStar)
CoStar News
November 3, 2025 | 7:44 P.M.

Global investment fund Blackstone Real Estate Partners VIII has secured $1.45 billion in floating-rate financing for a 94-property industrial portfolio spanning 14.7 million square feet across seven states.

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News | Blackstone secures $1.45 billion CMBS loan for 94-property industrial portfolio