News

TerraCap Management LLC continues to build its Denver portfolio, acquiring Cherry Creek Plaza I and II for $54.59 million, or $162.93 per square foot.

JLL announced today that it has closed the $50.4 million sale and financing of Resource Square One and Three, a two-building, Class A office portfolio totaling 245,111 square feet in Orlando, Florida.

TerraCap Management LLC, a privately held investment firm based out of Estero, Florida, announced today the sale of The Arbors Apartments.

Privately held investment firm TerraCap Management has sold Lake Destiny, a four-story, 57,392-square-foot office building in Orlando’s Maitland submarket for $7 million.

FL-based TerraCap Management LLC, a privately held investment firm, has sold Chastain Center, a single-story office complex to Glenfield Capital in Atlanta for $46.1 million.

Investcorp and Schnitzer West announced that TerraCap Management, a privately held investment firm with its headquarters in Estero, Florida, has purchased Centerpoint I & II in Denver for $77.5 million.

Resource Square IV is a five-story office building, totaling 152,000 rentable square feet and is located in a five-building office park. TerraCap acquired three of the buildings in the park, Resource Square I, II & V, in August. Adding Resource Square IV to the portfolio gives TerraCap the opportunity to increase operating efficiencies and reduce costs between the buildings.

TerraCap Management LLC, a privately held investment firm headquartered in Estero, Florida, has acquired Denver Corporate Center II & III in the Denver Tech Center, for $71.710 million.

SARASOTA COUNTY — In one of the region’s largest commercial real estate deals this year, a private equity firm has purchased the Gateway Professional Center for $45.2 million.

TerraCap Management LLC, a privately held investment firm with its headquarters in Estero, Florida, announced today the acquisition of Resource Square I, II & V in Charlotte, NC for $59,300,000.

TerraCap Management LLC, a privately held investment firm with its headquarters in Estero, Florida, announced today the acquisition of Lake Point Business Center in Orlando, FL for $17,625,000.

“We feel fortunate to own this asset and transact off market again, leveraging our long-standing record as a highly reliable buyer that closes on time and without incident,” said Steve Hagenbuckle, Founder and Managing Partner of TerraCap.

TerraCap Management LLC, a privately held investment firm with its headquarters in Estero, Florida, announced today the acquisition of Preston Park Financial Center in Plano, TX.

850 Trafalgar is a multistory, Class B office building with +/-150,000 rentable square feet. The property is conveniently located in the heart of Maitland Center, offering many nearby tenant amenities including shopping, dining, and fitness.

TerraCap Management LLC, a privately held investment firm with its headquarters in Naples/Estero, Florida, announced today the acquisition of 200 Ashford Center in Atlanta, GA for $24,620,000.

TerraCap Management has acquired 23Thirty, a 222-unit apartment community located on Cobb Parkway near the iconic SunTrust Park in Atlanta for $27.7 million.

A capital improvement plan undertaken by owner TerraCap Management combined with a prime location and Gwinnett County, Ga., tax incentives have enabled Lincoln Property Co. Southeast to boost leasing at a 253,000-square-foot office park from 57 percent to 83 percent in less than a year.