Bridge Industrial announces multiple acquisition team hires

Cory Welper

Bridge Industrial has promoted Cory Welper to director, acquisitions.

Welper will serve the Chicago and South Florida markets, which comprise Bridge’s Central Region. He will report to Nick Siegel, who is leading Bridge’s nationwide acquisitions platform as partner, acquisitions and oversees overall investments and portfolio strategy. 

Bridge has also hired Henry Gruger as a senior analyst to support the newly established team, which will focus directly on expanding Bridge’s national acquisitions platform and value-add strategy. 

The formation of this team follows Siegel’s promotion last month and Bridge’s first acquisition under its new platform, Pompano Beach Commerce Park — a three-building, 336,852-square-foot industrial campus in Pompano Beach, Florida — in December of 2021. 

Since joining Bridge in 2020, Welper has been involved in 22.2 million square feet of successful industrial transactions, valued at $4.1 billion, across Bridge’s Chicago, Miami, Seattle, Los Angeles and London markets. 

As an analyst, Gruger will be responsible for all aspects of underwriting for Bridge’s national acquisition efforts, in addition to assisting with leasing, project marketing, coordinating debt and equity financing and the disposition process. He previously worked at Cushman & Wakefield in their Capital Markets group on the Office Investment Sales team. Gruger graduated from Miami University in Ohio with a bachelor’s degree in business administration, specializing in finance, and is a member of NAIOP.