Link Logistics Celebrates Five Years of Driving Value
Link Logistics marks its fifth anniversary in 2024, celebrating a half decade of extraordinary growth. Five years after it was formed by Blackstone in 2019, the firm is solidly established as a leading operator of last-mile industrial real estate. It continues to deliver value for stakeholders and innovative solutions for customers across a portfolio that now exceeds 500 million square feet.
“We are thrilled to be able to play a role in driving the U.S. economy forward, as logistics real estate is essential to everything from groceries to building electric vehicles,” said Link Logistics CEO Luke J. Petherbridge. “I could not be prouder of the bright, dedicated and customer-centric people who comprise our team. As we look ahead to the next five years and beyond, we remain focused on leveraging the scalable platform we have built to maximize value for customers and investors while having a positive impact in our communities.”
Numbers illustrate expansion
Link Logistics’ growth has occurred amid an increasingly sophisticated global supply chain that demands efficient product delivery. Since 2019, the firm has:
- Expanded its national footprint from 1,200 properties to more than 3,500, with an emphasis on infill locations in markets with high barriers to entry and positive supply and demand fundamentals
- Completed $87 billion of total transaction activity, leveraging the firm’s powerful data platform to secure compelling, value-driven opportunities
- Increased its customer base from 3,000 to more than 10,000 while driving success for their businesses
- Invested in top talent by growing from 230 employees to over 1,200, adding both industry experts and talent from outside sectors as the firm seeks to reinvent industrial real estate
- Grew its local market expertise by opening more than 50 new offices across the U.S.
Poised for the future
Link Logistics is a fully integrated firm today, having created from scratch or brought in-house dozens of functions since its inception in 2019. It now has more than 20 departments dedicated to key areas of operation. That maturation is essential to how the firm collaborates as one team and poises it for even greater future results.
“It’s been an incredible journey over the last five years to build out this platform and witness the collective power of assembling great people dedicated to a shared vision for growth and excellence in every aspect of our business,” said Link Logistics president and chief investment officer Nicholas L. Pell. “I’m incredibly proud of this team, and excited to see what we can accomplish together in the future.”
About Link Logistics
Link Logistics is a leading operator of last-mile logistics real estate. As of September 30, 2024, Link Logistics serves approximately 9,000 customers and owns, has interests in, manages or has under development logistics facilities that will represent a total of 520 million square feet across key U.S. distribution markets. Established by Blackstone in 2019, Link Logistics has the scale, footprint and proprietary insights, as well as a focus on sustainability, to drive value for our customers and stakeholders. For more information regarding the Company, please visit www.linklogistics.com.
Contact:
Melissa Sachs
FGS Global
