PCCP, Stonemont Close on $1B-Plus Acquisition of Blackstone Industrial Portfolio
PCCP and Stonemont Financial Group are officially the new owners of a 5.9 million-square-foot industrial portfolio, Commercial Observer can first report. The joint venture acquired the 38 assets, located across 14 markets in 10 states, for upward of $1 billion with Blackstone as the seller, according to an article…
Published by Commercial Observer. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Commercial Observer
- Obtained from
- Commercial Observer
- Published
- Jul 29, 2026
- Last updated
- Jul 29, 2026 (today)
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