Bridge Logistics Expands Industrial Portfolio with Major Warehouse Acquisition in Fontana

Bridge Logistics has announced a significant expansion of its industrial portfolio through the acquisition of a substantial warehouse facility in Fontana, California. This facility, currently occupied by Cubework, spans an impressive 1.1 million square feet and is strategically located to enhance logistical operations.

Details of the Fontana Facility

The facility at 10681 Production Avenue in Fontana is a Class A industrial distribution site, offering extensive logistical capabilities. It features 220 dock-high doors, 185-foot truck courts, and 274 trailer stalls, providing ample space for large-scale distribution activities. The building's size is specified at 1,101,900 square feet, ensuring it can accommodate a variety of logistical needs.

Bridge Logistics plans to undertake a revamp of the office space within the facility, further enhancing its utility for current and future operations. This investment underpins Bridge's strategy of targeting high-performing logistics assets in key markets.

Strategic Location and Market Significance

The Fontana warehouse is strategically positioned in the Inland Empire, a critical hub for logistics operations. Its proximity to major transport routes, including immediate access to the I-10 freeway and nearby SR-60, boosts its appeal. Additionally, the site offers convenient access to the Ports of Los Angeles, a vital entry point for goods entering the United States.

The Inland Empire is recognized as a high-demand infill market, with a noted vacancy rate of just 2.4% in the City of Industry. Furthermore, less than 1% of inventory is currently under construction, indicating a tight market with strong demand for industrial space.

Portfolio Expansion and Market Impact

The acquisition in Fontana adds a significant asset to Bridge Logistics' growing industrial portfolio. Previously, the company managed a 450,000-square-foot portfolio across major U.S. locations, including Los Angeles, Chicago, New York, San Francisco, South Florida, and Texas. This expansion aligns with Bridge's broader strategic goals of enhancing its presence in key logistics markets.

The addition of the Fontana facility, including sites at 18305 San Jose Avenue and 18501 San Jose Avenue, enhances Bridge's capacity to meet the needs of its clients. The San Jose Avenue locations feature specific logistics capabilities, such as a 27-foot clear height with 24 dock-high positions at one site and a 24-foot clear height with 26 dock-high positions at the other.

Market Context and Future Prospects

The acquisition reflects Bridge Logistics' commitment to investing in high-demand areas to optimize supply chain efficiencies. Fontana's strategic location within the Inland Empire supports this focus, given its established reputation as a logistics powerhouse.

As logistics demand continues to grow, driven by e-commerce and a recovering global economy, facilities like the one in Fontana are poised to play a critical role in supply chain operations. Bridge's investment positions the company to capitalize on these trends effectively.

“The acquisition of this facility aligns with our strategic focus on high-performing logistics assets,” a spokesperson for Bridge Logistics noted, emphasizing the importance of the Fontana site to the company's future growth plans.

In conclusion, Bridge Logistics' acquisition of the Fontana warehouse marks a significant step in the company's expansion strategy. With its strategic location, state-of-the-art facilities, and alignment with market demands, the Fontana site is well-positioned to support Bridge's logistical operations and growth objectives in the years to come.