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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