News & Events

Real Estate Partner Sas Mehrara was named “Dealmaker of the Week” by The American Lawyer for leading the team representing Blackstone in its sale of IndCor Properties, a Chicago-based operator and owner of a portfolio of 117 million square feet of industrial properties nationwide, to affiliates of GIC, Singapore’s sovereign wealth fund, for $8.1 billion.   The deal is expected to close in the first quarter of 2015. 

Working with Sas in leading the team on this transaction are Tax Partner Nancy Mehlman, Executive Compensation and Employee Benefits Partner Greg Grogan, Regulatory Partner and Head of the Firm’s Washington, D.C., office Peter Thomas and Funds Partner Jonathan Karen.  The accompanying article highlights that Simpson Thacher has been the primary adviser to the company on the launch and growth of the platform, beginning with its first major acquisition of a portfolio of industrial properties back in 2010 and Sas notes that “we’ve been fortunate to be an integral part of the whole process.”