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Rexford Industrial acquires Blackstone industrial assets in combined $1b investment

Rexford Industrial Realty (Rexford Industrial) and Blackstone announced Rexford Industrial acquired approximately 3 million square feet of industrial properties pursuant to separate transactions with Blackstone Real Estate, including the Blackstone Property Partners strategy as well as Blackstone Real Estate Partners and Blackstone Real Estate Income Trust, for an aggregate purchase price of $1 billion.

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