Link Logistics Real Estate is an industrial property owner and operator focused on last-mile logistics facilities across the United States and Canada. Founded by Blackstone in 2019, the company manages a portfolio exceeding 460 million square feet across approximately 3,000 warehouses and distribution centers in over 40 markets. The platform serves more than 7,200 customers spanning e-commerce, third-party logistics, manufacturing, distribution, and retail sectors. The portfolio emphasizes infill locations positioned near major consumption centers to support last-mile delivery and supply chain efficiency. Geographic concentration centers on Southern California, which represents 48 million square feet of the portfolio, followed by Atlanta at 40 million square feet, Dallas-Fort Worth at 34 million square feet, and Chicago at 30 million square feet. Additional markets include Northern California, the Carolinas, Central Florida, Indianapolis, South Florida, and Pennsylvania's I-78/I-81 Corridor. Tenant exposure is distributed across logistics and delivery operations at 20% of occupied space, business services at 16%, and manufacturing at 14%. Amazon represents the largest tenant by occupied square footage, followed by Deutsche Post, FedEx, GXO Logistics, Home Depot, Iron Mountain, Lowe's, Ryder, the United States Government, and Walmart.