Blackstone Ranks 80th in Trading Volume with $984 Million as it Acquires $718 Million Industrial Portfolio

On April 11, 2025, Blackstone (BX) experienced a trading volume of $984 million, ranking 80th in the day's stock market activity. The stock price decreased by 0.21%, marking the second consecutive day of decline, with a total decrease of 7.41% over the past two days.

Blackstone Real Estate has agreed to acquire a 95% stake in an industrial portfolio from Crow Holdings for $718 million. The portfolio includes 25 Class A buildings totaling 6 million square feet, primarily located in the Dallas and Houston submarkets. The transaction is expected to close in the second quarter of this year.

David Levine, co-head of Americas acquisitions for Blackstone Real Estate, commented on the acquisition, stating that it is another example of Blackstone deploying capital during market volatility. He highlighted the high quality of the portfolio and its strategic location in some of the best-performing US industrial markets. Levine also noted the limited vacancy and reduced new construction starts, emphasizing logistics as a high-conviction theme for Blackstone. The firm is proud to own more than $90 billion of warehouses in North America and nearly $170 billion globally.