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7/23/25
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Bridge Logistics Properties (BLP) has acquired a recently constructed, three-building, 332.8k sf Class A industrial portfolio in Fontana for $83.5 mil ($251/sf). BLP is a subsidiary of Bridge Investment Group Holdings.
The portfolio of modern distribution facilities is situated in the heart of the Inland Empire West—one of the nation’s most critical logistics markets. The three buildings are located at 14074 Rancho Court (100k sf), 14019 Rose Ave (57.7k sf) and 14928 Washington Drive (175.1k sf).
Each building features Class A specifications including 32-foot clear heights, secured all-concrete truck courts, dock-high and grade-level loading, ESFR sprinkler systems, and LED lighting. The properties are fully leased and offer a weighted average lease term of over two years, delivering stabilized cash flow during a period of macro and policy driven economic uncertainty.
“During this period of pronounced price dislocation, our investment thesis focuses on acquiring best-in-class, well-located assets with strong in-place cash flow,” says Paul Jones, Managing Director of BLP. “Local municipal headwinds, AB 98, and general land scarcity are causing significant barriers to new development. Once economic conditions stabilize and tenant demand normalizes, we believe we will see value appreciation for existing assets.”
The Inland Empire West remains one of the most competitive and vital industrial markets in the United States, with more than 700 msf of existing inventory. The portfolio provides exceptional connectivity via I-10, I-15, and SR-60, proximity to the Ports of Los Angeles and Long Beach, and access to 15 million people within a 50-mile radius.
Historically, buildings in this size range attract the deepest part of tenant demand and as of Q1 2025 there are only a couple buildings under construction in the Inland Empire West within the 100k sf to 250k sf range. The region’s construction pipeline has contracted significantly, with only 11 msf currently underway - a 65% decline from peak levels.
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