Bridge buys pair of area apartments

Tampa, St. Petersburg multifamily rental deals for more than $100 million the latest purchases by Utah-based investor.

  • By Kevin McQuaid
  • | 6:00 a.m. July 31, 2020
  • | 0 Free Articles Remaining!
COURTESY PHOTO -- Bridge Investment Group spent more than $70 million to acquire the 390-unit Veranda at Westchase apartments in Tampa.
COURTESY PHOTO -- Bridge Investment Group spent more than $70 million to acquire the 390-unit Veranda at Westchase apartments in Tampa.
  • Commercial Real Estate
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Bridge Investment Group has acquired a pair of Gulf Coast multifamily rental projects for $101.25 million, according to county property records.

The acquisitions of the 390-unit Veranda at Westchase, in Tampa, and the 208-unit Viera Bayside, in St. Petersburg, bring to three the number of apartment complexes the Sandy, Utah-based investment firm now controls regionally.

 

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