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  • Writer's pictureBridge Logistics Properties

November Newsletter

Updated: Aug 4, 2023


 

Big news coming in the days ahead


BLP has some big news to announce in the coming days, so stay tuned. We’ll

have updates via email and social media when the time is right.


In terms of the current logistics market, an economic slowdown is on the

horizon but market fundamentals remain very strong with vacancies at historic

lows and businesses still working to ramp up inventory.


For those of you following us on social media, in the coming weeks we’ll be

discussing topics like how inventory shortages impact warehouse demand and

inflation, and how the hybrid work model will likely affect e-commerce going

forward. Also, BLP is currently working on closing several deals in our infill

target markets, and we expect to have some exciting news for you in the near

future.

As always, thank you for being part of our network!

 

DEAL NEWS

Class A Warehouse in Houston Submarket

BLP is pleased to announce the acquisition of 299 Beltway Green Blvd in the

Southeast submarket of Houston. The recently delivered, 130,023 square foot

warehouse features state-of-the-art industrial specs including a 32' clear height, a

130' truck court, and above-average parking with a front-load configuration. Located

just off the Sam Houston Tollway (Beltway 8) and Hwy 225, Beltway Green provides

excellent access to downtown Houston and the Port of Houston. Big thanks to

brokers Trent Agnew and Charlie Strauss of JLL for arranging the sale.


The property is available for lease today. Please contact Connor Tamlyn and Ryan

Grable of BLP, or Gray Gilbert, John Simons, Chris Haro, and Jack Gilbert of

Partners Real Estate for any inquiries.

 

Leasing News

1910 East Dominguez St, Carson, CA

This functional, class B, 30,785 SF building in the highly sought-after South Bay

submarket of Los Angeles has been fully leased to J&S Logistics, a regional 3PL

that was looking to expand its South Bay operation by leasing a port-proximate

warehouse with excess yard for container storage. The property’s strategic infill

location provides excellent access to the I-405 and I-710 freeways, within 7 miles of

the Ports of LA and Long Beach. Big thanks to brokers David Grote and Mike

Oullette of The Klabin Company.

 

Upcoming Insights


A preview of what's coming in BLP's social media accounts. Follow us on LinkedIn, Facebook, Twitter and Instagram to see more.


Gregory Boler Jr wins NAIOP 2022 Developing Leaders Award


Congrats to our own Greg Boler for being selected for the 2022 Developing Leaders

Award by NAIOP!


The annual award honors exceptional professionals under the age of 36 for their

outstanding professional accomplishments, strong leadership and significant

community involvement.


Greg is BLP’s Managing Director, East Region Investments. Read the article here for

more info.

 

Inventories are still too low

Companies are still self-reporting low inventories. This has major implications for

industrial real estate and inflation.


 

Office occupancy continues to lag

MSAs around the U.S. continue to see big occupancy deficits vs pre-COVID. What

does this mean for e-commerce?


 








Bridge Logistics Properties, 1501 Quail Street, Suite 110, Newport Beach, CA 92660, United States


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