Bridge Logistics Acquires Two-Building Portfolio in Supply-Constrained Market

Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, acquired 18305 and 18501 San Jose Ave., a two-building, 450,000-square-foot industrial portfolio in the City of Industry. The acquisition for an undisclosed sum builds on BLP’s momentum in key infill markets and supports its long-term growth strategy across Southern California.

“The 450,000-square-foot two building project offers attractive near-term income coverage, institutional-quality functionality and strategic positioning in one of Southern California’s most supply-constrained markets,” said Grant Moore, VP of West region investments at BLP. “With limited new development in the San Gabriel Valley, we believe these assets are well-positioned for rent growth and long-term performance.”

The transaction emerged from a selective marketing process of a seven-building Southern California portfolio. BLP focused on the City of Industry assets due to their higher-level functionality, strategic location and strong in-place tenancies. The seller was represented by a JLL team of Patrick Nally, Ryan Spradling, Evan Moran and Makenna Peter.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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