Publications

Bridge Investment Group forms office JV with Grosvenor
Investors - SEPTEMBER 20, 2022

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Bridge Investment Group forms office JV with Grosvenor

by Andrea Zander

Bridge Investment Group Holdings has signed a definitive agreement to form a joint venture with Grosvenor’s Diversified Property Investments business to deploy $100 million of equity, with the option for follow-on investments, to purchase and amenitize best-in-class office assets that are positioned to capture an outsized share of their respective submarkets’ leasing and absorption due to their attractive location and ability to meet the needs of the modern tenant.

This is the firms’ second joint venture together.

In the aftermath of the COVID-19 pandemic, Bridge believes that demands of employees and employers continue to become more discerning as it relates to office space. Market-leading amenitization, environmentally conscious initiatives and a highly connected location are now tenant requirements, not tenant wishes. The joint venture seeks to tap into the “knowledge economy” by deploying capital into highly connected assets in strategic locations that co

Forgot your username or password?