ATLANTA (June 15, 2017) – TerraCap Management LLC, in a joint venture with Willow Creek Partners LLC, has acquired three apartment complexes with a total of 456 units in Greensboro, N.C. The purchase price for the portfolio was roughly $36 … Read More
ATLANTA (June 14, 2017) – TerraCap Management LLC closed on the Deerfield and Windward Pointe portfolio acquisition on June 2, 2017 with a purchase price of $47 million ($140 psf). The three building, Class A office portfolio consisting of 336,000 … Read More
Thank you to all our investors that were able to attend the 2017 TerraCap Management LLC annual meetings. This marks our ninth year of holding annual meetings in Naples, FL. This years’ meetings had record turn outs and covered all … Read More
By Mary Shanklin Orlando Sentinel | Original Source lorida Hospital purchased a Maitland office building next to Interstate 4 for $3.3 million, with plans for support staff to work there, according to the hospital. The nonprofit group’s $3.3 million acquisition … Read More
Original Source Aaron’s, Inc., has signed a lease extension and expansion at Chastain Center, a six-building office park in Kennesaw, Ga., to house its IT operations. Matt Davis at Lincoln Property Company Southeast (Lincoln) represented the landlord, TerraCap Management. Aaron’s … Read More
By Ashley Fahey, Staff Writer Charlotte Business Journal | Original Source Two office buildings in Charlotte’s airport submarket were recently sold for nearly $8.2 million. Forest Park II and III, at 820 and 701 Forest Point Circle, were acquired by … Read More
By John Hielscher, Staff Writer | Original Source MANATEE COUNTY — For the second time in two years, the Harbour Pointe Apartments in west Bradenton has been sold. Making its fourth multifamily purchase in Manatee, General Services Corp. paid $27.6 … Read More
ATLANTA (Aug. 12, 2016) – Real estate fund manager TerraCap Management, LLC, has acquired Sugarloaf VI and VII, two Class A office buildings totaling 161,183 square feet in Duluth, Georgia, for $25.37 million. “This acquisition highlights again our commitment to … Read More
By W. Stephen Hagenbuckle Real estate gurus frequently talk about “shadow inventory” in residential markets. But there’s a similar phenomenon occurring in the commercial real estate markets that should be encouraging for nearly every commercial real estate investor, especially ones … Read More
By Robert Demeter, Commerce Property Executive | Original Source Huntcrest consists of four mid-rise office buildings with controlled access and tenants such as Manpower and BioLab. Atlanta–Real estate fund manager TerraCap Management LLC recently paid $61.2 million to acquire Huntcrest, … Read More
By Brent Batten, Naples Daily News | Original Source If you’ll allow me the indulgence of paraphrasing Shakespeare twice in the same week, the governors doth protest too much, methinks. Governors Jerry Brown of California and Terry McAuliffe of Virginia … Read More
Tenants: Are you ready to see your new office space? By Beth Mattson-Teig | CCIM Institute | Original Source Office tenants are tired of the same four walls. They want new space, new amenities, new creature comforts. They need a … Read More
Original Source Private equity fund manager, TerraCap Management, LLC, has purchased Bailey Park, a five-building 198,475-square-foot industrial/flex park located in Kennesaw, Georgia, for $18.3 million. The acquisition marks the company’s first transaction outside the state of Florida where it has … Read More
By Jarred Schenke, Bisnow, Atlanta | Original Source Fresh from amassing a 2M SF portfolio of Florida office properties, TerraCap Management has picked up a 301k SF Kennesaw office park. The firm bought Chastain Center, a six-building campus that’s currently … Read More
ORLANDO, Fla. (Feb. 3, 2016) – Private equity fund manager, TerraCap Management, LLC, has purchased the Lake Destiny Executive Center, an 80,464-square-foot multi-tenant office complex in Maitland, for $5.08 million. The Class-A complex is comprised of Lake Destiny Executive Center … Read More
By businessobserverfl.com | Original Source SARASOTA – Ian Black Real Estate plans to move its corporate headquarters to Kane Plaza in downtown Sarasota in early 2016. In moving to the new offices, about 4,000 square feet, the prominent Sarasota-based commercial … Read More
By Jay Parsons | Original Source Like many other markets, elevated apartment supply volumes are doing little to slow down momentum in Orlando. In fact, the market is back around recent highs for both occupancy rates and rent growth.
From Tampa Hillsborough Economic Development Corporation | Original Source Phil Weber and Hans Kaunath of CBRE in Tampa had been working closely with client TerraCap Management to reintroduce Tampa International Business Center – formerly Lakeside Technology Center – to the … Read More
From Business Observer | Original Source A Bonita Springs-based investment firm has acquired four suburban Sarasota office buildings for $37.1 million, in one of the largest commercial real estate sales of 2015 in Southwest Florida. TerraCap acquired Gateway at a … Read More
Bonita Springs-based investment adviser, TerraCap Management, LLC, has facilitated a trade between two private shareholders of its real estate private equity fund, TerraCap Partners II, LP. The trade was accepted on April 3, 2015 at a 15.8% premium; market price … Read More