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Bridge Logistics Acquires Fontana Warehouse in Off-Market Deal
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Bridge Logistics Acquires Fontana Warehouse in Off-Market Deal
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, has acquired a 133,115-square-foot Class A distribution facility at 10740 Banana Ave. in Fontana, within the Inland Empire West submarket. BLP sourced the transaction off-market at an attractive basis below today’s replacement costs. Built in 2020, the asset is located within the Southwest Industrial Park. It is fully leased through 2028, providing durable c…
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