Bridge Development Partners announced that it has officially launched operations in the United Kingdom with the opening of its newest office in London's Bedford Square.

Led by UK-based industrial real estate specialist Paul Hanley and veteran BRIDGE Vice President Chris Doloughty, BRIDGE will bring its strategy of developing headquarters-quality, last-mile logistics, cold storage and warehousing facilities to the Greater London area, as well as Great Britain's South East and West Midlands areas. 

"We've established ourselves as one of the most dominant players in the seven core industrial markets in the US and opening our UK office is the strategic next step following the growth we have had domestically," said Steve Poulos. "We look forward to providing Paul with the capital and the resources required to assist his UK expansion."

Hanley will be responsible for BRIDGE's acquisition and development activities throughout the UK. He has been involved in the acquisitions, development and leasing of over 6 million square feet of industrial real estate valued at over £1 billion during his career working across the country. Hanley has also worked in the U.S. industrial markets of Texas and Tennessee. 

"I am thrilled to be joining BRIDGE during this exciting time for the UK logistics market. This sector is seeing incredible demand for both modern space and institutional capital, making it the opportune time for BRIDGE to expand internationally," said Hanley. "BRIDGE is well established across the US, where they are regarded as one of the most active industrial and logistics developers. As a forward thinking, entrepreneurial company, the team is well positioned to act quickly and decisively to secure the best opportunities throughout our chosen markets."

Chris Doloughty has been with BRIDGE for over two years and has relocated to London from Chicago to work alongside Hanley. He will assist in executing BRIDGE's business plan and processes, as well as establishing the company's brand in the UK.

"We are incredibly excited to open our first international office and expand the BRIDGE platform to the UK," said Doloughty. "We believe there are a lot of similarities between the US and UK logistics markets, and we are eager to leverage our experience and strong capital relationships to unlock best-in-class opportunities throughout the core logistics markets on this side of the Atlantic."

BRIDGE continues to expand its US portfolio within the supply-constrained core markets of Chicago, Miami, New Jersey/New York, Los Angeles/San Francisco, and Seattle, focusing on raising more capital and becoming increasingly more active in the capital markets - having just hired Chief Financial Officer Sean Zasche and Vice President of Research Jared Sullivan to help further its investor relations and improve its competitive market intelligence.