Bridge Logistics Properties Secures $354.6M Refinancing for Industrial Portfolio

Reuters
13 Jun
Bridge Logistics Properties Secures $354.6M Refinancing for Industrial Portfolio

Bridge Logistics Properties, a subsidiary of Bridge Investment Group Holdings Inc., has secured $354.6 million in refinancing from Invesco Commercial Real Estate Finance Trust, Inc. (INCREF) for its industrial assets portfolio. This refinancing deal covers 24 properties totaling 2,454,761 square feet across key U.S. markets including California, Washington, Texas, New Jersey, New York, and Florida. The move is part of Bridge Logistics Properties' strategy to enhance its logistics investment efforts in these core regions. Matt Berger, CFO of Bridge Logistics Properties, expressed satisfaction with the partnership, highlighting its importance in maintaining long-term performance for the high-quality portfolio.

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