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Banyan Capital Buys Doral Office Towers For $43M

A company with ties to Miami-based Banyan Street Capital bought a Doral office complex for $43 million, marking a discount from its last purchase price four years ago.

The real estate investment firm bought the twin office buildings near the intersection of Northwest 36th Street and Northwest 87th Avenue, along with some adjacent properties, according to records. The seven-story towers were built in 1985 and 1990.

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Bridge Investment To Pay $123M For Offices In Medley And Doral

offices at doral square

Bridge Investment Group is buying two office properties in Medley and Doral for nearly $123 million, a source told The Real Deal.

New York-based investment manager DRA Advisors is selling the 387,000-square-foot Offices at Flagler Station in Medley and the 141,000-square-foot Offices at Doral Square, according to the company’s website. DRA’s partner on the Doral property is Banyan Street Capital, a Miami-based firm.

The deals are expected to close this week, the source confirmed.

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Terra Group Buys Doral Parcel For $12.5M, Retail And Restaurant Center Planned

Terra Group just paid $12.5 million for a Doral parcel with plans to build a retail and restaurant center there.

Doral Court Development, an affiliate of Miami-based Banyan Street, sold the 3.86-acre parking lot at the southeast corner of Northwest 36th Street and Northwest 87th Avenue.

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