trending Market Intelligence /marketintelligence/en/news-insights/trending/136KjtlU1ewn37Mdztb4zw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Blackstone pays $130M for Brooklyn, NY, shopping center

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


Report: Blackstone pays $130M for Brooklyn, NY, shopping center

Private equity giant The Blackstone Group Inc. acquired Canarsie Plaza, a 274,000-square-foot shopping center, in southeast Brooklyn, N.Y., for about $130 million, The Real Deal reported, citing unnamed sources.

The property, anchored by BJ's Wholesale Club Inc., was sold by CIM Group LLC.

Separately, Blackstone Capital Partners VIII LP disclosed in a SEC filing that it received $24.50 billion in capital commitments from 230 investors, reaching its total offering amount.

The amount includes the general partner's commitment and sales in parallel funds. The private equity fund was earlier reported to have raised $26 billion.

A representative for Blackstone did not comment on Canarsie Plaza transaction, while a spokesperson for CIM did not answer a request for comment, according to The Real Deal.

Compass Group Global Advisors SA, NH Investment & Securities Co. Ltd. and Merrill Lynch Pierce Fenner & Smith Inc. are the placement agents for the Blackstone Capital Partners VIII fund.