An affiliate of Group RMC, a New York-based real estate co-investment group, recently acquired a nine-building portfolio totaling more than 1 million square feet, marking its first entry into Tulsa.
The firm’s subsidiary Bridge Office Fund Manager has purchased the Offices at Flagler Station, a three-building complex totaling 387,474 square feet along Florida’s Turnpike, and the Offices at Doral Square, an eight-story, 141,205-square-foot building, in Doral.
The merger if finalized would strengthen ConnectOne’s scale and competitive position in the New York metro market and as one of New Jersey’s largest independent banks. Bancorp of New Jersey will add approximately $800 million of deposits and loans to ConnectOne.
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