Bridge Logistics Properties, a subsidiary of Bridge Investment Group Holdings Inc., announced the acquisition of a newly constructed, fully leased industrial portfolio in Fontana, California, for $83.5 million. The portfolio includes three Class A distribution facilities: 14074 Rancho Court, 14019 Rose Avenue, and 14928 Washington Drive, totaling 332,793 square feet. Each building features modern specifications like 32-foot clear heights and secured concrete truck courts. This acquisition aligns with BLP's strategy to invest in high-quality assets in critical logistics markets. The properties offer a stable cash flow with a weighted average lease term of over two years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bridge Investment Group Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250722882615) on July 22, 2025, and is solely responsible for the information contained therein.
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