NorthBridge Partners is a private real estate investment firm headquartered in Wakefield, Massachusetts, that specializes in acquiring, repositioning, and operating small-to-mid-sized infill logistics and industrial properties across the United States. Founded in 2014, the firm executes a value-add investment strategy targeting warehouse assets in high-barrier, supply-constrained coastal markets where e-commerce fulfillment, last-mile delivery, and advanced manufacturing drive tenant demand. The company operates through a vertically integrated platform that manages sourcing, acquisitions, development, leasing, and property management in-house. NorthBridge pursues logistics assets requiring $5 to $25 million in equity per investment, focusing on properties near dense population centers with limited land availability and restrictive zoning. The firm has completed over $2 billion in total transactions since inception, with the majority sourced through proprietary off-market relationships rather than marketed processes. The firm raised four successive funds between 2016 and 2024. In April 2024, NorthBridge closed NB Partners Fund IV at $948 million, exceeding its $800 million target. The fund attracted institutional capital from public and private pensions, endowments, foundations, insurance companies, sovereign wealth funds, asset managers, family offices, and high-net-worth individuals. Previous funds include Fund I ($30 million, 2016), Fund II ($113 million with $30 million co-investment, 2018), and Fund III ($505 million, 2021). NorthBridge operates through two complementary investment strategies. Its Value Add strategy focuses on repositioning older industrial buildings through physical upgrades such as power improvements, clear height increases, and layout reconfigurations. The Private Industrial Partnership strategy targets stabilized properties structured to deliver tax-efficient income for taxable investors through depreciation pass-through and 1031 exchange structures. The firm maintains offices in Wakefield (headquarters), Boston, New York, Cherry Hill (New Jersey), Linthicum Heights (Maryland), and Miami.