- June 18, 2021
- Posted by: Stratford Team
- Category: Business
NEW YORK–(BUSINESS WIRE)–Bridge Investment Group LLC (“Bridge”) today announced the launch of 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 e-commerce adoption, and constrained supply. This experienced and established vertically integrated team aims to pursue a high-volume aggregation strategy, inclusive of repositioning and development, that 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 Chief Executive Officer…