Bridge Logistics Properties Acquires 1.56m SF Industrial Portfolio in McDonough, Georgia

Bridge Logistics Properties (BLP) has acquired a 1.56 million square foot industrial portfolio in McDonough, Georgia. Bridge Investment Group Holdings Inc., the parent company of BLP, is an alternative investment manager with diversified assets including real estate, credit, and renewable energy. The company operates across 35 states and focuses on the US market.

Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG), has announced the acquisition of a two-building, 1,560,256-square-foot Class A industrial portfolio in McDonough, Georgia. The acquisition, facilitated by Eastdil Secured, marks a strategic investment in one of Atlanta's most resilient logistics hubs at a time of tariff-driven dislocation and broader macroeconomic uncertainty [1].

The portfolio consists of two fully leased, modern distribution facilities: 150 Distribution Drive (760,256 SF) and 201 Greenwood Court (800,000 SF). Both buildings feature institutional-grade specifications, including 30+ foot clear heights, 184-foot truck courts, abundant trailer and car parking, LED lighting, and ESFR sprinkler systems. The properties are 100% leased to four creditworthy tenants—including DHL Supply Chain (Exel Inc.), Caterpillar, and Pregis—providing approximately three years of in-place income and delivering strong cash flow during a period of economic volatility [1].

Connor Tamlyn, Managing Director of BLP, commented, "This acquisition highlights our thesis for investing at the intersection of supply chain infrastructure and rapidly expanding population centers. Acquired below replacement cost, the property delivers income through quality existing tenants and is positioned to serve the entire Southeast via its proximity to Atlanta and the fast-growing Port of Savannah" [1].

McDonough, the most mature micromarket within Atlanta’s I-75 South corridor, is home to more than 43.7 million square feet of industrial space—over half of the submarket’s total supply. Since 2020, the micromarket’s population has grown by nearly 16%, fueling a strong and expanding labor pool that supports a diverse base of Fortune 500 companies. The portfolio benefits from exceptional connectivity—just 35 miles south of Atlanta’s CBD, 24 miles from Hartsfield-Jackson Atlanta International Airport, and a direct line to the Port of Savannah, the third-largest and fastest-growing port in the U.S. Over the past decade, the McDonough submarket rents have nearly tripled driven by persistent tenant demand and limited land availability straining new supply [1].

This acquisition expands BLP’s national portfolio to 16.3 million square feet and further solidifies its dedication to acquiring best-in-class logistics assets in key infill markets across the country. Bridge Investment Group, with approximately $49 billion of assets under management as of March 31, 2025, is a leading alternative investment manager diversified across specialized asset classes, including real estate, credit, renewable energy, and secondaries strategies [1].

References:
[1] https://www.stocktitan.net/news/BRDG/blp-expands-national-footprint-with-1-56m-sf-atlanta-acquisition-juz36zsfmiia.html