Bridge Investment Group has closed its second US logistics fund with $1.4 billion in capital commitments, surpassing its $1 billion target. The Utah-based real estate manager secured international backing for the value-add vehicle, which will target distribution facilities across major infill markets. This represents a significant milestone for the firm since its acquisition by Apollo last year.

The capital raise demonstrates strong investor confidence in the logistics real estate sector, particularly for last-mile delivery facilities positioned near urban centers. Bridge's ability to exceed its fundraising goal by 40% signals continued appetite for industrial real estate investments despite market volatility. The fund includes commitments to both the main vehicle and side investments.

Notably, the $1.4 billion haul is quadruple the capital raised for Bridge's predecessor fund, indicating substantial growth in investor interest and the firm's expanded platform. This scale of fundraising positions Bridge competitively against other major logistics-focused real estate managers in the market.

The fund's focus on infill markets aligns with broader trends favoring urban distribution facilities that support e-commerce growth and same-day delivery demands. Bridge will deploy this capital to acquire and potentially develop properties in these high-demand locations, targeting returns through value-add strategies in the evolving industrial real estate landscape.