Including debt, the deal is valued at $12.6 billion. Prologis is buying a portfolio of 107 million square feet of logistics properties that’s owned or managed, as well as buildings under construction and land for future development.
The Opportunity Zone program offers a number of potential benefits to investors who seek financial, as well as social and environmental, returns on their investments.
The latest update on Sears, recent research from Hodes Weill and Cornell University showing a rise in target allocations. David also shares news from the Boston area on the life sciences market, and whether it is it signalling a downturn ahead.