Bridge Net Lease, a Subsidiary of Bridge Investment Group, Acquires Manufacturing and Distribution Assets in Pennsylvania

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Jun 01, 2023

Bridge Net Lease announced that it has acquired two off-market manufacturing and distribution assets located in Hazleton, PA, totaling 283,450 square feet. The assets, located at the intersection of two critical interstate highways, are 100% leased on 15-year absolute net leases with two additional 5-year options. The mission critical assets serve as the tenant’s sole US manufacturing and distribution facilities. The transaction was brokered by the CBRE National Partners Northeast team consisting of Mike Hines, Brian Fiumara, Brad Ruppel, Joe Hill, and Lauren Dawicki, along with Vincent Ranalli and Tony Gruenling.