Ten Capital Management
Who’s Buying Distressed Office Buildings?
There’s both pain and relief in the market. Here’s who’s seizing the moment.
JV Buys Broward County’s Largest Office Tower
Ten Capital Management and its co-general partner Somerset Properties are the new owners of a 400,000-plus-square-foot building in Fort Lauderdale, Fla.
Jacksonville Office Campus Commands $52M
A joint venture between Somerset Properties and Ten Capital Management acquired the three-building business park. CBRE assisted the seller in the transaction.
Ten Capital Management Acquires St. Louis Office Asset
The Class A building, which comprises more than 250,000 square feet, was 97 percent leased at the time of sale to four tenants, including Cushman & Wakefield.
TCM Sells Limited Partnership Interest in PA Retail Asset
Miracle Mile Retail Center is a power center anchored by tenants such as LA Fitness, Marshalls, PNC Bank and others. The property was 98 percent occupied at the time of the sale.