Bridge Investment Unit Acquires Industrial Portfolio in California

Bridge Investment Group Holdings has acquired an industrial portfolio in California through its unit. The acquisition is part of the company's strategy to expand its real estate portfolio. The details of the transaction have not been disclosed. The acquisition is expected to enhance Bridge Investment Group's presence in the California market and contribute to its growth.

Bridge Investment Group Holdings (NYSE: BRDG) has made a significant move in the industrial real estate market by acquiring a newly constructed, fully leased industrial portfolio in Fontana, California. The acquisition, completed through its subsidiary Bridge Logistics Properties (BLP), is part of the company's ongoing strategy to expand its real estate portfolio and strengthen its presence in the California market.

The transaction, announced on July 22, 2025, involves the acquisition of a three-building, 332,793-square-foot Class A industrial portfolio for $83.5 million [1]. The portfolio, located in the heart of the Inland Empire West, one of the nation's most critical logistics markets, exemplifies BLP's disciplined investment strategy of targeting high-quality assets in the nation's Global Gateway markets.

The portfolio comprises three newly constructed, modern distribution facilities: 14074 Rancho Court (100,039 SF), 14019 Rose Avenue (57,654 SF), and 14928 Washington Drive (175,100 SF). Each building features Class A specifications, including 32-foot clear heights, secured all-concrete truck courts, dock-high and grade-level loading, ESFR sprinkler systems, and LED lighting. The properties are fully leased and offer a weighted average lease term of over two years, delivering stabilized cash flow during a period of macro and policy-driven economic uncertainty.

Paul Jones, Managing Director of BLP, commented on the acquisition, stating, "During this period of pronounced price dislocation, our investment thesis focuses on acquiring best-in-class, well-located assets with strong in-place cash flow. Local municipal headwinds, AB 98, and general land scarcity are causing significant barriers to new development. Once economic conditions stabilize and tenant demand normalizes, we believe we will see value appreciation for existing assets."

The Inland Empire West remains one of the most competitive and vital industrial markets in the United States, with more than 700 million square feet of existing inventory. The portfolio provides exceptional connectivity via I-10, I-15, and SR-60, proximity to the Ports of Los Angeles and Long Beach, and access to 15 million people within a 50-mile radius. Historically, buildings in this size range attract the deepest part of tenant demand, and as of Q1 2025, there are only a couple of buildings under construction in the Inland Empire West within the 100,000 to 250,000 square foot range. The region's construction pipeline has contracted significantly, with only 11 million square feet currently underway—a 65% decline from peak levels.

The acquisition expands BLP's National portfolio to 16.3 million square feet and reinforces its commitment to acquiring best-in-class logistics assets in the country's most resilient industrial markets. Bridge Investment Group's steady focus on innovation and sustainable development promotes solutions that are both profitable and socially responsible.

References:
[1] https://www.businesswire.com/news/home/20250722882615/en/BLP-Acquires-Newly-Constructed-Fully-Leased-Industrial-Portfolio-in-the-Inland-Empire-West