CHICAGO, FL – Privately-owned real estate investment manager and operating company, Bridge Industrial and the Canada-based, Public Sector Pension Investments Board have established a joint-venture partnership to develop best-in-class warehouses in urban infill locations throughout the US.
The two companies have allocated $550 million in equity to the joint-venture, with an option to re-up and bring the commitment to $1.1 billion.
The joint-venture will deploy a build-to-core strategy in supply-constrained markets, in effort to create modern warehouse space and support the global shift to e-commerce.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
