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Thursday, May 23, 2013 12:09:40 PM
Blackstone Group LP and Prologis Inc have agreed to buy a portfolio of 17 million square feet of warehouse and distribution centers whose majority owner is Lehman Brothers for about $960 million, two sources familiar with the deal said on Wednesday.
LBHI majority owner of 17M SF of warehouses ... never knew we owned so much warehouses
Chalk up another billion.
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