Bridge Investment Group LLC is acquiring two office properties in Florida for close to $123 million in deals scheduled to close in the week of Aug. 12, The Real Deal reported, citing an unnamed source.
Investment manager DRA Advisors LLC is the seller of the Offices at Flagler Station, which spans 387,000 square feet in the town of Medley, and the Offices at Doral Square, which comprises 141,000 square feet in Doral, the report noted. Banyan Street Capital is the partner of DRA on the Doral property.
CBRE, which brokered the transactions, did not comment on the matter, according to the publication.