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From left: Stephen Wilson, president and CEO, PS Business Parks; Stephen Schwarzman, CEO, Blackstone (Getty Images, PS Business Parks, iStock)

Blackstone pays $7.6B for SoCal storage outfit

Behemoth investor Blackstone agreed to buy Glendale-based PS Business Parks for $7.6 billion in an all-cash deal. Affiliates of...

Blackstone pays $7.6B for SoCal storage outfit
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