Bridge Investment Group launches Bridge Logistics Properties
Bridge Investment Group has launched its logistics properties strategy, Bridge Logistics Properties, which aims to seek price dislocation, operational upside and innovative redevelopment in markets where there is a confluence of existing and increasing population density, rapid ecommerce adoption and constrained supply. It will pursue a high-volume aggregation strategy, inclusive of repositioning and development, which further seeks to optimize returns via off-market, single-asset investments. The resulting strategic, infill-anchored portfolio seeks to generate a portfolio premium with its unique scale, stability and diversity across logistics assets prepared to meet future distribution trends.
To lead this new strategy, Bridge has appointed two new partners. Jay Cornforth will serve as CEO and co-CIO and Brian Gagne will serve as co-CIO for the Bridge Logistics Properties strategy.
On the strategy launch, Robert Morse, executive chairman of Bridge, said, “We continu