What’s the largest logistics properties investor from New York?

The well-known thousandinvestors research team has identified that Blackstone is the largest logistics real estate investor from New York, with more than $596B assets under management.

What is the investment focus of Blackstone?

Blackstone, a preeminent alternative investment firm on a global scale, has a pronounced investment emphasis on logistics real estate, particularly through its real estate division, which oversees assets under management (AUM) amounting to over $596 billion as of early 2025. Logistics real estate constitutes a fundamental strategic priority for Blackstone, a decision that is informed by two overarching factors. Firstly, the sector is undergoing structural growth due to the rise of e-commerce. Secondly, there is an increasing demand for last-mile delivery infrastructure.

The firm’s dedicated vehicle, Link Logistics, owns and operates a portfolio of more than 3,000 properties, resulting in 550 million square feet of logistics space across the United States, making it one of the largest owners of logistics real estate globally. Blackstone’s investment strategy focuses on acquiring high-quality logistics assets in infill locations proximate to major population centers. This approach seeks to capitalize on the ongoing modernization of supply chains and the robust tenant demand that characterizes the logistics sector.

Alternative candidates for the AUM-based ranking of logistics real estate investors in New York

The most prominent alternative candidate in our ranking is Brookfield, a global leader in alternative asset management. Brookfield’s real estate division employs a focused and strategic approach to logistics and real estate, overseeing assets under management (AUM) amounting to $272 billion and a commercial footprint exceeding 500 million square feet. In the domain of logistics, Brookfield implements a targeted strategy that prioritizes acquisitions and developments of specific assets, with a focus on off-market properties situated in prime global locations. Its logistics portfolio encompasses 217 properties, aggregating 38 million square feet, reflecting a deliberate emphasis on value and strategic location. Brookfield’s investment strategy in the logistics sector is underpinned by long-term secular trends, including the proliferation of e-commerce, the reconfiguration of supply chains, and the mounting demand for infrastructure to support last-mile delivery.

Another prominent real estate investor specializing in logistics is Stonepeak, a major player in the New York investment sector. Stonepeak’s investment strategy deviates from the conventional approach of diversifying across property types. Instead, it concentrates its investments on assets deemed mission-critical, which are characterized by attributes reminiscent of infrastructure. A foundational principle of this strategy concerns logistics real estate, wherein the firm identifies rail- and port-adjacent assets that play a pivotal role in supply chain operations. Recent examples include a 1.7 million square foot logistics portfolio in Chicago’s intermodal freight hub and the 1.3 million square foot Omni Industrial Campus near the Port of Charleston.

Both investors are part of the thousandinvestors database of the largest light-industrial real estate investors from the US.

Image source:  Thomas Habr  via Unsplash (June 29, 2025)

You might also be interested in this post: Ranking: Top 10 Real Estate Investors from New York