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Bridge Investment Group Acquires 254K-SF Metro Tampa Office Tower

Bridge Investment Group LLC subsidiary Bridge Office Fund Manager has acquired Tampa Commons, a 13-story, 253,922-square-foot office building in Tampa.

Located at 1 North Dale Mabry, the property was originally built in 1985 and received more than $3 million in improvements in 2018, including a new covered mezzanine as the primary entrance from the renovated parking garage, upgrades to first-floor lighting, floors and furniture as well as the addition of a tenant conference room, concierge desk and management office. The property is currently 83% occupied. Notable tenants include American insurance company Travelers and Ideal Image’s corporate headquarters.

Eastdil Secured represented the undisclosed seller in the transaction. Ryan Reynolds, John Heald and Jackson Kilcoyne of CBRE have been tapped to oversee leasing at the property.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.