NorthBridge Partners

NorthBridge Partners is a Boston-area real estate investment firm specializing exclusively in industrial and logistics real estate — particularly small-to-mid sized infill warehouse and last-mile distribution facilities in dense, high-demand U.S. markets. Since its founding in 2014, the firm has deployed over $2 billion in transactions and grown to manage more than $3 billion in real-estate assets.

NorthBridge’s strategy emphasizes acquiring under-utilized or “off-market” industrial properties that are well-positioned for growth but may need upgrading or repositioning to meet modern logistics and e-commerce demand. Their vertically integrated platform ensures they handle every stage: sourcing and acquisition, redevelopment or modernization, leasing, and in-house property management. This hands-on approach is designed to capture value across the full property lifecycle and deliver stable, long-term occupancy and cash flows.

The firm caters primarily to institutional and large-scale investors — public and private pension funds, foundations, endowments, family offices, and other sophisticated investors — offering a logistics real-estate play that aligns with secular trends in e-commerce, supply-chain realignment, and rising demand for last-mile infrastructure. While NorthBridge does not publish a blanket IRR or annual return figure publicly, its track record of large fund raises (e.g. NB Partners Fund IV, closed 2024 with ~$948 M commitments) and continued capital deployment suggests confidence from recurring investors in its investment model and outlook.