The Singapore-based warehousing giant is offering $4.6 billion for a portfolio of properties held by Industrial Income Trust.
July 31, 2015 at 03:53 AM
1 minute read
The original version of this story was published on Global Lawyer News
Morrison & Foerster is advising on the latest U.S. deal for Singapore-based warehousing giant Global Logistics Properties Ltd.
GLP has offered $4.6 billion for a portfolio of 200 logistics properties held by real estate investment trust Industrial Income Trust Ltd. The properties comprise 58 million square feet of space in 20 markets, including Los Angeles, Washington, D.C. and Pennsylvania. The deal is expected to close in November.
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