Blackstone expands industrial footprint with Gramercy buyBlackstone has inked a $7.6bn agreement to buy Gramercy Property Trust, a real estate investment trust that focuses on industrial commercial properties — an asset type Blackstone has brought to the securitization market several times this year.

Blackstone has inked a $7.6bn agreement to buy Gramercy Property Trust, a real estate investment trust that focuses on industrial commercial properties — an asset type Blackstone has brought to the securitization market several times this year.http://www.globalcapital.com/article/b18367nm7mgbf9/blackstone-expands-industrial-footprint-with-gramercy-buy[Collection]