{"success":true,"data":{"pressRelease":{"id":"25797","rtpr_id":"nBw8xZdTWa","ticker":"APO","exchange":"NYSE","all_tickers":["APO"],"title":"Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa Valley’s The District in Largest Inland Empire Industrial Land Sale in Three Years","author":"Business Wire","published_at":"2026-05-07T13:00:02.554Z","article_body":"Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa\nValley’s The District in Largest Inland Empire Industrial Land Sale in Three\nYears\n\nAcquisition reinforces BLP’s investment strategy, enabling development of up\nto a 1.5 million-square-foot, state-of-the-art logistics facility with\nbest-in-class specifications\n\nBridge Logistics Properties (“BLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bridgeblp.com%2F&esheet=54530965&newsitemid=20260507421194&lan=en-US&anchor=BLP&index=1&md5=4f85ae7cf4fff2dff925e30c7c871b52)\n”) announced the acquisition of a ±68-acre fully entitled development site\nwithin The District, a 245-acre mixed-use master-planned development in Jurupa\nValley, California.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260507421194/en/\n(https://www.businesswire.com/news/home/20260507421194/en/)\n\nPhoto, with rendering, of BLP's ±68-acre site within The District, that is\nentitled for up to a 1.5 million-square-foot cross-dock logistics facility.\n\nThe site is entitled for up to a 1.5 million-square-foot cross-dock logistics\nfacility and represents a rare opportunity to develop a large-scale industrial\nasset in one of Southern California’s most supply-constrained and\nstrategically located logistics markets.\n\nPositioned with prominent frontage along State Route 60, off Rubidoux Blvd.,\nthe property offers exceptional regional connectivity to the ports of Los\nAngeles and Long Beach, major population centers, and critical transportation\ninfrastructure throughout Southern California.\n\nBLP plans to develop a state-of-the-art logistics facility designed to meet\nthe evolving needs of modern occupiers, including users requiring significant\ntrailer parking capacity, as well as tenants seeking future expansion\ncapability.\n\nPlanned building specifications include:\n\n\n * 42-foot clear height\n\n * 195-foot to 250-foot truck courts\n\n * 196 dock-high doors\n\n * 542 trailer stalls\n\n * Flexible site configuration designed for high-throughput operations and future\nscalability\n\n“The acquisition of this site reflects our continued conviction in premier\nlogistics locations with durable long-term fundamentals and scarcity of\nlarge-format development opportunities,” said Paul Jones, Managing Director\nof BLP. “The District offers a unique combination of scale, entitlement\ncertainty, and exceptional accessibility. Located within a master planned\ndevelopment, it combines walkable retail and a true live, work, play\nenvironment, which we believe will be an important differentiator for\noccupiers focused on attracting and retaining talent.”\n\nThe subject site is part of a larger master-planned development known as The\nDistrict and is expected to include approximately 1,100 residential units, 37\nacres of commercial retail space, a hotel site and business parks.\n\nDO Capital Group, a privately-held real estate development and investment firm\nthat entitled The District and sold the subject site to BLP, will continue as\nthe developer of the retail, residential, and commercial components of the\nProject.\n\n“This transaction marks a major milestone in the realization of The\nDistrict,” said Mauricio Oberfeld, Co-Founding Principal of DO Capital\nGroup. “After more than eight years of planning and collaboration with the\nCity of Jurupa Valley, we are pleased to complete this sale to Bridge\nLogistics Properties, whose project will complement the broader vision we have\nestablished for the site as a thoughtfully designed, large-scale mixed use\nenvironment. We look forward to bringing this marquee development to fruition\nin the years ahead.”\n\nPeter McWilliams and Mike McCrary of Jones Lang LaSalle facilitated the\ntransaction and can be contacted for any leasing inquiries.\n\nAbout BLP\n\nBLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bridgeblp.com%2F&esheet=54530965&newsitemid=20260507421194&lan=en-US&anchor=BLP&index=2&md5=db3b3fc7ed17951a4c4c01130f46ee39)\nis a vertically-integrated logistics real estate investment manager led by\ntenured, multi-disciplinary real estate professionals with experience\nnavigating several economic environments over the past three decades. Its\nfounding members and leadership team employ a disciplined investment strategy\nthat is both cycle-tested and innovative. Founded in 2021, BLP is comprised of\nindustrial real estate veterans with prior tenure at Brookfield, Prologis, IDI\nLogistics, Duke Realty, Hines and KTR Partners.\n\nBLP is highly collaborative with its institutional capital partners.\nLeveraging its deep local relationships and its global operating experience,\nBLP uncovers and executes on investment opportunities in targeted coastal and\ngateway markets in the U.S. BLP executes its acquisition and development\nstrategy in a vertically integrated regional structure across five offices\nlocated in New Jersey, Atlanta, Miami, Dallas and Los Angeles. Its steadfast\nfocus on innovation and sustainable development promotes solutions that are\nboth profitable and socially responsible. For more information, visit\nBridgeBLP.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fbridgeblp.com%2F&esheet=54530965&newsitemid=20260507421194&lan=en-US&anchor=BridgeBLP.com&index=3&md5=e78fd95889bd136cf1769c20c728b421)\n.\n\nAbout Bridge Investment Group\n\nBridge Investment Group is an affiliate of Apollo Global Management, Inc.\n(NYSE: APO) and a leading alternative investment manager, diversified across\nspecialized asset classes. Powered by Apollo, Bridge combines its nationwide\noperating platform with dedicated teams of investment professionals focused on\nselect real estate verticals.\n\nForward-Looking Statements:\n\nThis press release has been prepared solely for informational purposes and is\nnot to be construed as investment advice or an offer or a solicitation for the\npurchase or sale of any financial instrument, property, or investment. It is\nnot intended to provide, and should not be relied upon for, tax, legal, or\naccounting advice. The opinions, estimates, forecasts, and statements of\nfinancial market trends are subject to change without notice due to changes in\nthe market or economic conditions. We believe the information provided here is\nreliable, but do not warrant its accuracy or completeness.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260507421194/en/\n(https://www.businesswire.com/news/home/20260507421194/en/)\n\nBridge Logistics Properties Contact: \n\nStacey Jones\n\nPublic Relations for BLP\n\n(213) 925-8177\n\nstacey@lavozmarketing.com \n(mailto:stacey@lavozmarketing.com) \n\n\nBridge Investment Group Contact: \n\nCharlotte Morse\n\nHead of Investor Relations and Marketing\n\n(877) 866-4540\n\ncharlotte.morse@bridgeig.com (mailto:charlotte.morse@bridgeig.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw8xZdTWa","title":"Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa Valley’s The District in Largest Inland Empire Industrial Land Sale in Three Years","author":"Business Wire","ticker":"APO","created":"2026-05-07T13:00:02.554Z","tickers":["APO"],"exchange":"NYSE","article_body":"Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa\nValley’s The District in Largest Inland Empire Industrial Land Sale in Three\nYears\n\nAcquisition reinforces BLP’s investment strategy, enabling development of up\nto a 1.5 million-square-foot, state-of-the-art logistics facility with\nbest-in-class specifications\n\nBridge Logistics Properties (“BLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bridgeblp.com%2F&esheet=54530965&newsitemid=20260507421194&lan=en-US&anchor=BLP&index=1&md5=4f85ae7cf4fff2dff925e30c7c871b52)\n”) announced the acquisition of a ±68-acre fully entitled development site\nwithin The District, a 245-acre mixed-use master-planned development in Jurupa\nValley, California.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260507421194/en/\n(https://www.businesswire.com/news/home/20260507421194/en/)\n\nPhoto, with rendering, of BLP's ±68-acre site within The District, that is\nentitled for up to a 1.5 million-square-foot cross-dock logistics facility.\n\nThe site is entitled for up to a 1.5 million-square-foot cross-dock logistics\nfacility and represents a rare opportunity to develop a large-scale industrial\nasset in one of Southern California’s most supply-constrained and\nstrategically located logistics markets.\n\nPositioned with prominent frontage along State Route 60, off Rubidoux Blvd.,\nthe property offers exceptional regional connectivity to the ports of Los\nAngeles and Long Beach, major population centers, and critical transportation\ninfrastructure throughout Southern California.\n\nBLP plans to develop a state-of-the-art logistics facility designed to meet\nthe evolving needs of modern occupiers, including users requiring significant\ntrailer parking capacity, as well as tenants seeking future expansion\ncapability.\n\nPlanned building specifications include:\n\n\n * 42-foot clear height\n\n * 195-foot to 250-foot truck courts\n\n * 196 dock-high doors\n\n * 542 trailer stalls\n\n * Flexible site configuration designed for high-throughput operations and future\nscalability\n\n“The acquisition of this site reflects our continued conviction in premier\nlogistics locations with durable long-term fundamentals and scarcity of\nlarge-format development opportunities,” said Paul Jones, Managing Director\nof BLP. “The District offers a unique combination of scale, entitlement\ncertainty, and exceptional accessibility. Located within a master planned\ndevelopment, it combines walkable retail and a true live, work, play\nenvironment, which we believe will be an important differentiator for\noccupiers focused on attracting and retaining talent.”\n\nThe subject site is part of a larger master-planned development known as The\nDistrict and is expected to include approximately 1,100 residential units, 37\nacres of commercial retail space, a hotel site and business parks.\n\nDO Capital Group, a privately-held real estate development and investment firm\nthat entitled The District and sold the subject site to BLP, will continue as\nthe developer of the retail, residential, and commercial components of the\nProject.\n\n“This transaction marks a major milestone in the realization of The\nDistrict,” said Mauricio Oberfeld, Co-Founding Principal of DO Capital\nGroup. “After more than eight years of planning and collaboration with the\nCity of Jurupa Valley, we are pleased to complete this sale to Bridge\nLogistics Properties, whose project will complement the broader vision we have\nestablished for the site as a thoughtfully designed, large-scale mixed use\nenvironment. We look forward to bringing this marquee development to fruition\nin the years ahead.”\n\nPeter McWilliams and Mike McCrary of Jones Lang LaSalle facilitated the\ntransaction and can be contacted for any leasing inquiries.\n\nAbout BLP\n\nBLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bridgeblp.com%2F&esheet=54530965&newsitemid=20260507421194&lan=en-US&anchor=BLP&index=2&md5=db3b3fc7ed17951a4c4c01130f46ee39)\nis a vertically-integrated logistics real estate investment manager led by\ntenured, multi-disciplinary real estate professionals with experience\nnavigating several economic environments over the past three decades. Its\nfounding members and leadership team employ a disciplined investment strategy\nthat is both cycle-tested and innovative. Founded in 2021, BLP is comprised of\nindustrial real estate veterans with prior tenure at Brookfield, Prologis, IDI\nLogistics, Duke Realty, Hines and KTR Partners.\n\nBLP is highly collaborative with its institutional capital partners.\nLeveraging its deep local relationships and its global operating experience,\nBLP uncovers and executes on investment opportunities in targeted coastal and\ngateway markets in the U.S. BLP executes its acquisition and development\nstrategy in a vertically integrated regional structure across five offices\nlocated in New Jersey, Atlanta, Miami, Dallas and Los Angeles. Its steadfast\nfocus on innovation and sustainable development promotes solutions that are\nboth profitable and socially responsible. For more information, visit\nBridgeBLP.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fbridgeblp.com%2F&esheet=54530965&newsitemid=20260507421194&lan=en-US&anchor=BridgeBLP.com&index=3&md5=e78fd95889bd136cf1769c20c728b421)\n.\n\nAbout Bridge Investment Group\n\nBridge Investment Group is an affiliate of Apollo Global Management, Inc.\n(NYSE: APO) and a leading alternative investment manager, diversified across\nspecialized asset classes. Powered by Apollo, Bridge combines its nationwide\noperating platform with dedicated teams of investment professionals focused on\nselect real estate verticals.\n\nForward-Looking Statements:\n\nThis press release has been prepared solely for informational purposes and is\nnot to be construed as investment advice or an offer or a solicitation for the\npurchase or sale of any financial instrument, property, or investment. It is\nnot intended to provide, and should not be relied upon for, tax, legal, or\naccounting advice. The opinions, estimates, forecasts, and statements of\nfinancial market trends are subject to change without notice due to changes in\nthe market or economic conditions. We believe the information provided here is\nreliable, but do not warrant its accuracy or completeness.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260507421194/en/\n(https://www.businesswire.com/news/home/20260507421194/en/)\n\nBridge Logistics Properties Contact: \n\nStacey Jones\n\nPublic Relations for BLP\n\n(213) 925-8177\n\nstacey@lavozmarketing.com \n(mailto:stacey@lavozmarketing.com) \n\n\nBridge Investment Group Contact: \n\nCharlotte Morse\n\nHead of Investor Relations and Marketing\n\n(877) 866-4540\n\ncharlotte.morse@bridgeig.com (mailto:charlotte.morse@bridgeig.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-07T13:00:03.139420755Z","server_sent_at_ms":1778158803139},"received_at":"2026-05-07T13:00:03.253Z","source_url":"https://www.businesswire.com/news/home/20260507421194/en/"},"analysis":{"id":"20187","press_release_id":"25797","analysis_json":{"industry":{"label":"Asset Management & Custody Banks","sector":"Financials"},"redFlags":[],"eventType":"operations_update","narrative":"Bridge Logistics Properties, an affiliate of Apollo Global Management, acquired a ±68-acre fully entitled development site in Jurupa Valley, California.\n\nThe site is entitled for a state-of-the-art logistics facility of up to 1.5 million square feet, featuring 42-foot clear heights and 542 trailer stalls.\n\nDO Capital Group sold the site within The District master-planned community and will continue developing the surrounding retail and residential components.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Affiliate land acquisition in Inland Empire."},"keyFigures":{"customDimensions":{"acres":68,"dock_doors":196,"clear_height":"42-foot","square_footage":"1.5 million","trailer_stalls":542}},"quotedText":"The acquisition of this site reflects our continued conviction in premier logistics locations with durable long-term fundamentals and scarcity of large-format development opportunities,","namedEntities":{"people":[{"name":"Paul Jones","role":"Managing Director"},{"name":"Mauricio Oberfeld","role":"Co-Founding Principal"},{"name":"Peter McWilliams","role":"Broker"},{"name":"Mike McCrary","role":"Broker"}],"products":["The District"],"companies":[{"name":"Bridge Logistics Properties","relationship":"affiliate"},{"name":"DO Capital Group","relationship":"seller"},{"name":"Jones Lang LaSalle","relationship":"advisor"},{"name":"Bridge Investment Group","relationship":"affiliate"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Affiliate land acquisition with no disclosed financial terms; represents operational expansion for a subsidiary rather than a material corporate event for Apollo Global Management."},"tickerRelevance":{"others":[],"primary":"APO"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"subsidiary-acquisition","sectorWeight":"financials"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Bridge Logistics Properties, an affiliate of Apollo Global Management, acquired a ±68-acre fully entitled development site in Jurupa Valley, California.\n\nThe site is entitled for a state-of-the-art logistics facility of up to 1.5 million square feet, featuring 42-foot clear heights and 542 trailer stalls.\n\nDO Capital Group sold the site within The District master-planned community and will continue developing the surrounding retail and residential components.","key_figures":{"customDimensions":{"acres":68,"dock_doors":196,"clear_height":"42-foot","square_footage":"1.5 million","trailer_stalls":542}},"named_entities":{"people":[{"name":"Paul Jones","role":"Managing Director"},{"name":"Mauricio Oberfeld","role":"Co-Founding Principal"},{"name":"Peter McWilliams","role":"Broker"},{"name":"Mike McCrary","role":"Broker"}],"products":["The District"],"companies":[{"name":"Bridge Logistics Properties","relationship":"affiliate"},{"name":"DO Capital Group","relationship":"seller"},{"name":"Jones Lang LaSalle","relationship":"advisor"},{"name":"Bridge Investment Group","relationship":"affiliate"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:f66160e0fe5301b2","schema_hash":"sha256:12363694422af5d9","created_at":"2026-05-07T23:01:27.465Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"mega-cap","eventGravity":"subsidiary-acquisition","sectorWeight":"financials"}},"durationMs":119396,"modelName":"glm-4.7"}}