IPT: Industrial Property Trust Shareholders Approve $4 Billion Deal with Prologis

Yesterday, shareholders of Industrial Property Trust, a publicly registered non-traded real estate investment trust sponsored by Black Creek Group LLC, voted and approved the sale of substantially all of the REIT's assets to affiliates of Prologis (NYSE: PLD) in the previously announced merger proposal. The transaction is expected to close on January 8, 2020. At [...]The post Industrial Property Trust Shareholders Approve $4 Billion Deal with Prologis appeared first on The DI Wire.