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Bridge Investment Group Closes $1.4B Logistics Real Estate Fund

Bridge Investment Group, the Salt Lake City-based affiliate of Apollo, has closed its second logistics-focused real estate fund at $1.4 billion, surpassing its $1 billion target. The Bridge Logistics Value Fund II will acquire and reposition industrial properties across supply-constrained U.S. markets. The fund targets long-term demand catalysts including supply chain modernization, e-commerce expansion, and tenant demand for modern distribution facilities in prime locations. Bridge will manage leasing operations, asset administration, and capital improvement projects across the portfolio. CEO Jay Cornforth attributed the successful raise to investor confidence in the firm's team and conviction regarding industrial real estate opportunities. The close reflects sustained strength in the logistics sector and disciplined investment strategies focused on high-quality assets.