We are excited to welcome Sean Andrews to our West Region team as Vice President of Investments, where he will focus on capital deployment across the Western US. Sean joins us from HR Property Holdings, bringing nearly a decade of expertise in industrial investment and development. His deep knowledge and strategic insights will be instrumental as we expand and enhance our portfolio. Please join us in welcoming Sean to our team! #Welcome #BLPteam #Logistics #Industrialrealestate
BLP - Bridge Logistics Properties
Real Estate
New York City, NY 2,017 followers
Innovative logistics real estate company led by tenured, multi-disciplinary industrial veterans
About us
BLP is a highly respected, vertically integrated logistics real estate company and investment manager led by tenured, multi-disciplinary real estate veterans with experience navigating several economic environments over the past three decades. Its founding partners have closed over $20 billion of transaction volume and employ a disciplined investment strategy that is both cycle tested and innovative. BLP is a value focused investor that is highly collaborative with its institutional capital partners. Leveraging its deep local relationships, BLP intelligently uncovers and executes value transactions in targeted coastal and gateway markets in the U.S. and abroad. Across its four offices – in the Northeast, West, Southeast and Central United States – BLP has proven regional experience in acquisitions, opportunistic repositioning, and development of global logistics assets. Its steadfast focus on innovation and sustainable development promotes solutions that are both profitable and socially responsible.
- Website
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http://www.bridgeblp.com
External link for BLP - Bridge Logistics Properties
- Industry
- Real Estate
- Company size
- 11-50 employees
- Headquarters
- New York City, NY
- Type
- Privately Held
- Founded
- 2021
- Specialties
- industrial real estate, logistics real estate, commercial real estate, acquisitions, development, asset management, leasing, construction, core plus, value add, investment management, industrial, and logistics
Locations
Employees at BLP - Bridge Logistics Properties
Updates
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💼To all who work tirelessly: your dedication inspires us. Wishing everyone a restful and joyful Labor Day. #LaborDay #TeamBLP #Logistics #Industrialrealestate
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Meet Kelsey Steinhoff, Project Coordinator for the Central and Southeast Regions at BLP. Kelsey plays a crucial role in ensuring the success of our development and construction projects. Kelsey’s responsibilities include managing loan draws to ensure efficient allocation of financial resources and adherence to project timelines. Additionally, she diligently tracks project budgets, monitoring expenditures and forecasting financial needs to maintain budgetary control. Before joining BLP, Kelsey developed her expertise in Class A office properties at Parkway in Houston, Texas, built over a decade of experience in commercial real estate and construction. #employeespotlight #industrialrealestate #logistics
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The steady growth of e-commerce, particularly after a significant spike in 2020. As e-commerce continues to capture a larger share of retail sales, the demand for industrial warehouse space is increasing. Should this trend continue, the need for more storage and fulfillment capacity to support efficient logistics and faster delivery times, suggesting continued strong demand for strategically located industrial real estate. 𝘚𝘰𝘶𝘳𝘤𝘦: 𝘕𝘦𝘸𝘮𝘢𝘳𝘬 #Logistics #Industrialrealestate #trends
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BLP is excited to announce the land acquisition of 3945 Gilbert Road located in Atlanta, Georgia. The 20.3-acre site is fully entitled to deliver a 229,776 SF Class A warehouse featuring 36’ clear height and a 185’ truck court, with the flexibility to demise spaces as small as 76k SF. The site is situated in the highly desired Airport Submarket, just inside the I-285 perimeter and provides unparalleled access to Atlanta’s busy air cargo facilities less than 2.5 miles away, in addition to excellent proximity to I-285, I-75, I-85, I-675 and I-20. Thank you to Myles Thomas of JLL for his support in this transaction. #Logistics #Industrialrealestate #DealAnnouncement
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The latest data on leasing activity in the industrial market is a clear indicator of strength and resilience. The YTD 2024 lease transactions show a significant uptick, with new leasing activity up by 3.6% year-over-year (Y-O-Y) and renewal leasing even more robust, climbing by 9.3% Y-O-Y. The increase in both new and renewal leases across various space sizes suggests that the industrial market remains a cornerstone of economic activity, driven by consistent demand and strategic planning by companies. #Logistics #Industrialrealestate
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The under-construction pipeline decreased to 343.4 million square feet (MSF), a 14.4% drop since Q1 and a 46% decline from the previous year, with the South and Midwest experiencing the most significant decreases. Speculative construction dropped to 67.7% from 71.4% in the first quarter. This share is expected to decline further in the second half of 2024 as speculative warehouse facilities continue to be completed and build-to-suit manufacturing facilities, which have longer construction timelines, remain in development. The decline in speculative construction and the completion of ongoing projects are likely to place downward pressures on vacancy rates, as fewer new speculative spaces are entering the market while demand for build-to-suit manufacturing facilities remains robust. 𝘚𝘰𝘶𝘳𝘤𝘦 𝘭𝘪𝘯𝘬𝘦𝘥: 𝘩𝘵𝘵𝘱𝘴://𝘸𝘸𝘸.𝘨𝘭𝘰𝘣𝘦𝘴𝘵.𝘤𝘰𝘮 #Logistics #Industrialrealestate
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We are pleased to announce that Grant Moore has joined our West Region team as Vice President of Investments with a focus on capital deployment in the Western US. Grant comes to us from LBA Logistics, bringing nearly a decade of experience in industrial investment and development. His expertise and insights will be invaluable as we continue to grow our portfolio. Please join us in welcoming Grant to our team! #Welcome #BLPteam #Logistics #Industrialrealestate
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Another exciting chapter unfolds at BLP as we look back on Q2 of 2024. We're thrilled to share that we've added four new acquisitions to our portfolio, finalized four lease agreements, and completed the land acquisition of a fully entitled site in Somerset, NJ. These achievements highlight our dedication to growth and resilience in the industrial real estate market. Explore further insights into our latest deals, market commentary, and more from the past quarter by reading below... #Logistics #Industrialrealestate #BLPbulletin
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Happy to share BLP’s perspective in the recent AFIRE Summit Journal. We are excited to be deploying capital in this market chop as the industrial sector adjusts to higher rates with valuations well off peak. #Logistics #IndustrialRealEstate #MarketInsights #StrategicOutlook #BridgeLogisticsProperties
Logistics has a track record as one of commercial real estate's hottest sectors. So where are things headed over the next few quarters? The BLP - Bridge Logistics Properties team of Jay Cornforth, Jack Robinson, Morgan Zollinger and Cole Nukaya provide the latest asset class update from AFIRE Summit Journal 15, making the case that the US logistics sector is well-positioned as occupancies stabilize and expiring leases create opportunities, particularly in such #gatewaymarkets as: • Southern California • Northern New Jersey/New York • South Florida Check out the full article: https://lnkd.in/gutzqY_K #logistics #realestate #commercialrealestate #USrealestate #AFIRE
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