Global Logistic Properties to Buy 200 U.S. Warehouses for $4.6 billion

GLP’s acquisition from Industrial Income Trust makes it the second-largest property owner and operator in the U.S., with 173 million square feet of space under its control. The transaction marks a further expansion of GLP’s foothold in U.S. industrial property, following its 2014 acquisition of IndCor Properties from Blackstone Group for $8.1 billion.

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GLP Miami International #2, Miami, US