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Bridge Industrial (“Bridge”), the privately-owned, vertically integrated real estate operating company and investment manager, announced today that it has completed over $6.5 billion in transactions across 23.5 million square feet in 2021. Bridge acquired 25 new properties totaling 17.5 million square feet, valued at $4.9 billion, and also executed nine. ....
Bridge Industrial and PSP Investments Form Joint Venture for UK Logistics Investment Joint venture to assemble portfolio of urban infill last-mile industrial facilities in Greater London and the UK Bridge Industrial ( Bridge ) and the Public Sector Pension Investment Board ( PSP Investments ) today announced the establishment of a joint venture to acquire and develop logistics properties in the United Kingdom, targeting a portfolio value of £1 billion ($1.4 billion USD). The venture has a build-to-core focus, including the acquisition and development of last-mile logistics assets within high-barrier infill submarkets in Greater London and the Midlands region. Bridge will oversee development and the implementation of value-add measures to create state-of-the-art, purpose-built infill industrial assets. The venture will target market-leading sustainability credentials. ....