Rising rents draw Wall Street money to industrial outdoor storage lot investments across the U.S.cnbc.com· 8h
A CNBC article reports that Wall Street giants like Brookfield and Blackstone are pouring money into industrial outdoor storage lots — yards for bulldozers, trucks and other equipment — as rents roughly doubled since 2020, with Brookfield paying $1.2 billion to take Peakstone Realty Trust private and Blackstone lending over $1.1 billion. Industry figures like Adam Petrillo and Sam Cheema say fragmented ownership, tight vacancy and rising demand from the AI build-out still leave room for smaller investors.
