Analysis: Blackstone bets big on industrial property rebound

Blackstone Group LP (BX.N) is making a $2 billion bet on one of the hardest hit areas of commercial real estate, buying properties and assembling a management team in a sign that it might take its warehouse business public. The latest real estate wager by the owner of Hilton Hotels is on warehouse and distribution centers, an unglamorous corner of the property market known by an equally dull name: "industrial real estate." Read More: http://www.reuters.com/article/idUSTRE70O68920110125