New York, NY
May 3, 2021
Signed Leases Representing Over 20 Million Square Feet
Portfolio Comprises More than 420 Million Square Feet of High-Quality Logistics Real Estate in Key Distribution Markets
Link Logistics Real Estate (“Link”), a Blackstone portfolio company and leading operator of the largest portfolio of high-quality logistics real estate assets located exclusively in the U.S., today provided an update on the Company’s first quarter 2021 leasing and investment activity. The Company grew its portfolio in high-growth distribution markets during the quarter, which now comprises more than 420 million square feet.
“We started 2021 on a strong note, continuing our positive momentum as we further expand our portfolio of high quality last-mile logistics,” said Link’s Chief Executive Officer, Luke Petherbridge. “As the e-commerce market continues to accelerate, our scale, geographic footprint and logistics expertise remain key differentiators. We are well-positioned to support our customers with the innovative and sustainable solutions they need to meet the quickly changing consumption and distribution patterns of tomorrow.”
Nicholas Pell, Link’s President and Chief Investment Officer, added, “We continue to see attractive capital deployment opportunities across the country, and we remain focused on infill locations in coastal cities and high-population growth areas where we can leverage our local expertise.”
“We started 2021 on a strong note, continuing our positive momentum as we further expand our portfolio of high quality last-mile logistics,” Luke Petherbridge, Link’s Chief Executive Officer
Notable Acquisitions and Development Projects
Additional Portfolio Activity
About Link Logistics
Link Logistics, established by Blackstone in 2019, is a leading national provider of logistics real estate solutions designed to meet the needs of the modern supply chain. The Company operates the largest portfolio of high-quality logistics real estate assets located exclusively in the U.S. Link Logistics has more than 5,800 customers and 400 million square feet of logistics facilities across key distribution markets, particularly strategic last-mile locations in the U.S. Link Logistics has the scale, geographic footprint and logistics expertise, as well as a heightened focus on sustainability to power the supply chain of tomorrow. For more information regarding the Company, please visit www.linklogistics.com.
Joele Frank, Wilkinson Brimmer Katcher
Jonathan Keehner / Leigh Parrish / Greg Klassen