Home Finance New York State Common Retirement Fund Buys Blackstone’s 520,000 SQFT Owens & Minor Warehouse in Ontario for $143MM
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New York State Common Retirement Fund Buys Blackstone’s 520,000 SQFT Owens & Minor Warehouse in Ontario for $143MM

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warehouse with docking doors
Courtesy of Ryan Parker on Unsplash
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New York's state pension fund has taken a fully leased Inland Empire West distribution building off Blackstone's hands through a separate account, betting on a submarket where vacancy is falling and a tenant whose medical-supply business recently changed owners.

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