Blackstone Sells 21 Warehouses to Goldman Sachs for $293 Million

Goldman Sachs is expanding its presence in industrial real estate. It is teaming up with Dalfen Industrial to buy a $293 million portfolio of logistics properties from Blackstone. The deal includes 21 warehouses totaling 2.1 million square feet in Cincinnati, Dallas, Las Vegas, and Pennsylvania.

The properties, which are 92% leased, house 68 tenants, including Amazon and Red Bull. “Over time, those assets will go up substant…