MG3 sells Miami-Dade charter school buildings for $91M

MG3 Group sold a pair of charter school buildings in Miami-Dade County for a combined $91.2 million. The two properties in Doral and Kendall represented the majority of buyer BridgePrep Academy’s $172.4 million purchase of a Florida charter school portfolio from Aventura-based MG3. BridgePrep, led by CEO Tom Torkelson, paid $46.5 million and $44.9 million, respectively, for the Kendall and Doral schools, records show. The Miami-based charter school operator previously leased the two buildings at 13300 Southwest 120th Street and 3500 Northwest 89th Court, as well as five other facilities in Naples, St. Cloud, Orlando, Davenport, and Poinciana, Hernan Leonoff, […]This article originally appeared on The Real Deal. Click here to read the full story.