Blackstone Acquires Tokyo C-NX Logistics Asset for Over $640 Million
Blackstone Inc. BX | 129.08 | +0.74% |
Blackstone Inc. has agreed to acquire Tokyo C-NX, a Grade A logistics asset in central Tokyo, for over JPY 100 billion (US$641 million). The 1.6 million square foot, five-story warehouse in Tokyo Bay is the largest logistics transaction in Japan this year and will serve as a key distribution hub, supporting the country's growing e-commerce sector.
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