E14: Blackstone sells $3.1B of industrial, interesting stories in NY, and short sales
The Corporate Real Estate Insider by Tucker Hughes, John Jarvis, Owen Rice, and Brian Connolly
Episode notes
(0:00) Opening
(0:26) Blackstone sells $3.1 billion worth of industrial real estate to Prologis
(12:36) The impact of Blackstone’s sale to current tenants in buildings being sold
(21:05) Vornado bets $1 billion that more commuters will return to the office in NYC if the commute was easier
(29:49) SL Green sells a 50% stake of 245 Park Avenue
(39:09) Lender involved short sales
(41:15) Closing
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