TerraCap Management LLC, a privately held investment firm based out of Naples, Florida, announced today the acquisition of Peachtree Technology Park for $27,919,000.
TerraCap Acquires Creative Flex/Office Portfolio in Northern Atlanta Read More
A high-profile Addison office tower has a new owner. The 11-story Addison high-rise is located near the southwest corner of the Dallas North Tollway and Belt Line Road in the Quorum office park.
Florida investor snaps up Addison tower Read More
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.
TerraCap Management Acquires 23Thirty, Atlanta MF, for $28M Read More
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.
TerraCap Completes Upgrades, Boosts Leasing at GA Office Park Read More
That was when TerraCap sold its six-building Tampa International Business Center, containing 324,654 square feet in the city’s Westshore Business District, to Real Estate Value Advisors LLC for $45.05 million.
TerraCap Management Shifts from Primarily Buying to Selling Office Assets Read More
TerraCap Management has sold Keller Center, a 159,840-square-foot office building north of Orlando, Fla., for $27.9 million. The buyer was Susquehanna Holdings, according to GrowthSpotter. The new owner financed the acquisition with a $21.7 million loan with a fixed interest rate and a 30-year amortization period. A CBRE team represented the seller and secured financing for the buyer.
TerraCap Trades Orlando Office for $28M Read More
After the $28.1 million sale of a Tampa office property, an affiliate of TerraCap Management has acquired Resource Square I and III, a Class A office portfolio in Orlando, Fla., for $39.2 million. HFF represented the seller, an affiliate of Banyan Street Capital and funds managed by Oaktree Capital Management, in the transaction. The property was sold free and clear of financing.
TerraCap Snags $39M Orlando Office Portfolio Read More
TerraCap Management, a commercial real estate investment management company based in Florida, has sold Lakeview Center in Tampa for $21.8 million.
Tampa’s Lakeview Center Sold for $21.8 Million Read More
Office building’s price is $4.85 million higher than what was paid for it in 2014
Downtown Sarasota’s Kane Plaza office building sells for $16.35 million Read More
CBRE announced today the sale of 215 Celebration Place, a suburban office building in the South Orlando submarket of Celebration, Florida—a $2.5 billion, “live, work, and play” community that is home to some of the strongest demographics in Central Florida. The property consists of 125,959 rentable square feet. CBRE’s Ron Rogg, Chip Wooten and Jay Dixon represented the seller, TerraCap Management, a Florida based private equity real estate fund manager.
CBRE SELLS OFFICE BUILDING IN ORLANDO, FLORIDA FOR $21.8 MILLION Read More
Acting in an advisory role, Lincoln assisted TerraCap Management LLC (TerraCap) in identifying and evaluating the asset for purchase. TerraCap is a Florida-based private equity firm having over $800 million in assets under management throughout the southeast. In Atlanta, TerraCap owns a portfolio of 2.3 million square feet of income-producing properties purchased since 2016.
Lincoln Property Company Southeast Arranges Sale of Park Central Office Building Read More
TerraCap Management LLC has retained commercial real estate brokerage firm CBRE Group to lease a four-building, Class A office complex in Sarasota County.
TerraCap awards Gateway leasing to CBRE Read More
