CALIFORNIA (January 6, 2022) – Bridge Industrial (“Bridge”), a privately-owned, vertically integrated real estate operating company and investment manager, announced today that it has hired Conner Thomas, formerly of DWS, as its new Bay Area Vice President of Acquisitions, and promoted Greg Woolway to Senior Vice President of Acquisitions for the California market.
As Vice President, Conner’s responsibilities will include sourcing new transactions, underwriting, formulating development plans, and acting as project lead for all of Bridge’s future activity across the Bay Area and Northern California, where he will serve as the firm’s regional lead. Woolway, who previously served as Vice President, will transition to focus on broader activity across the state encompassing Northern California, as well as Los Angeles County, Orange County, and the Inland Empire.
“California’s industrial market is poised to continue its significant growth with national e-commerce and last-mile activity and Bridge continues to solve for tenant demand in supply constrained California. We’re thrilled to welcome Conner to the team to apply his expertise during this time of expansion,” said Woolway. “Conner will serve as a critical member of Bridge’s California team as we continue to grow our portfolio and build on the string of successes we’ve enjoyed throughout this year.”
Conner has accumulated robust expertise in the Bay Area market since commencing his commercial real estate career, most recently serving as Assistant Vice President of Transactions for leading asset management firm DWS Group. Prior to DWS, Conner worked for Morgan Stanley on the real estate acquisitions team, at LBA Realty, and at San Francisco based Investment Bank JMP Securities.
“Bridge is one of the most highly regarded industrial firms in the nation, and I’m proud to be leading its activity across Northern California,” said Conner. “The demand for top-tier industrial facilities supporting logistics and last-mile distribution continues to skyrocket, and I look forward to the opportunity to add my insights and experience to support the region’s continued economic growth and further solidify Bridge’s standing as a leader in this fast-growing market.”
Conner holds a bachelor’s degree in Statistics from the University of California, Berkeley.
Bridge recently announced its completion of Bridge Point Silicon Valley, its first ever project in the Bay Area. Shortly after acquiring the site in 2019, Bridge acquired its second project in the Bay Area, Bridge Point Oakland, a 534,208-SF state-of-art industrial facility, which currently is the single largest industrial development in the East Bay.
Bridge has acquired and/or completed development on over 10 million square feet of Class A industrial product in the state of California, beyond the Bay Area and reaching from the LA Basin and into the Inland Empire in Southern California since opening its regional office in 2015, which represents 18 transactions of over $1.7 billion in total value. Bridge continues to seek opportunities to develop modern industrial facilities in the most supply-constrained core infill industrial markets.