Bridge Investment buys Tampa Commons offices

An affiliate of a Salt Lake City investment firm has acquired the 13-story Tampa Commons office building in the Westshore area of Tampa for $56.5 million, one of the largest office transactions in the region in a year pockmarked by COVID-19.

Bridge Office Fund Manager’s deal for the 253,922-square-foot building at 1 N. Dale Mabry Highway marks a return to the region’s office market for parent Bridge Investment Group: Three years ago, it sold the 19-story Fifth Third Center building in downtown Tampa for roughly $52.5 million. The company had acquired the 201 E. Kennedy Blvd. asset in mid-2014 for $47.25 million.