Core Insights - Newmark Group, Inc. advised Crow Holdings on the recapitalization of a six-million-square-foot industrial portfolio, with Blackstone acquiring a 95% stake in the portfolio consisting of 25 Class A buildings located in Dallas, Houston, and Chicago [1][3]. Company Overview - Crow Holdings is a prominent real estate development and investment management firm, founded in 1948, with $33 billion in assets under management and a significant presence in multifamily and industrial development [3][4]. - Newmark Group, Inc. operates globally in commercial real estate, generating over $2.8 billion in revenues for the twelve months ended March 31, 2025, and has approximately 8,100 professionals across 165 offices worldwide [5]. Market Trends - The industrial sector continues to attract strong investor interest, particularly in high-growth U.S. markets, with demand for well-located, Class A logistics space remaining robust [3][4]. - The transaction highlights the ongoing confidence in industrial as a leading asset class, especially in high-performing markets like Dallas, Houston, and Chicago [4].