Bridge Logistics Expands SoCal Holdings with Compton Buy
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc., expanded its Southern California portfolio by acquiring an infill, last-mile logistics facility located at 1215 W. Walnut St. in Compton. The acquisition furthers BLP’s investment strategy to acquire assets in global gateway markets across the country.
“Our team has opportunistically acquired this well located, functional, asset at a significant discount to replacement cost taking advantage of the current disruption in the capital markets,” said Paul Jones, managing director of BLP.
The 57,671-square-foot, rear-load warehouse is located adjacent to the 91 Freeway in Compton, with connectivity to the Ports of Los Angeles and Long Beach, Los Angeles International Airport and Downtown LA. The building is fully leased through June 2025.
Rob Flores and Brian Held of CBRE represented BLP in the acquisition.
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).