2601 Blair Stone Road, Tallahassee, FL
Capital Commerce Center is a 274,440 square feet (248,834 square feet rentable) Class B office building located on Blair Stone Road in Tallahassee, Florida. TerraCap made this acquisition on December 2, 2013. This property was developed in 1989, with an extension completed in 1994. Capital Commerce Center sits on 6.5 acres in a submarket southeast of downtown Tallahassee. The property, which overlooks Hilaman Golf Course, contains a cafeteria, space for a fully equipped fitness center, and an attached five-story parking garage with access to the building via a covered sky bridge from the garage’s third level. With parking capacity of 890 vehicles in the garage and an additional 210 vehicles in the surface lot, the combined parking ratio is four spaces per 1,000 square feet of leasable space. As the largest building between Jacksonville and Pensacola, Capital Commerce has attracted interest from companies considering entering the Tallahassee market with help from the local Economic Development Council, including a 50,000 and several 15,000 square-foot call center operators.