Baywater Properties LLC and True North Management Group acquired RA 225 High Ridge LLC from RNY Property Trust (ASX:RNY) for $22.6 million on June 16, 2017. Jeffrey Dunne, Steven Bardsley and Travis Langer of CBRE’s Institutional Properties acted as real estate advisors for the seller. Baywater Properties LLC and True North Management Group completed the acquisition of RA 225 High Ridge LLC from RNY Property Trust (ASX:RNY) on June 16, 2017.