Ten Capital Management’s CEO Ben Adams comments on demographic shift to the suburbs from cities in Pensions & Investments

In an article in the September 7th issue of Pensions & Investments titled Managers assess portfolios after shift to suburbs, Ben Adams talks about how COVID-19 has accelerated the demographic trend that was already underway of people moving to the suburbs from cities. In the article, Ben stated, “We have long believed in the structural demographic shift to the exurbs and suburbs.” He notes more members of Generation X and millennials are expected to have families and move to the suburbs and secondary markets for a lower cost of living as they look to have families and higher quality of life. Although he adds, “Still, the excitement and convenience of big cities cannot be dismissed.” Subscribers can access the full article here

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TCM Acquires 258,441 SF Office Building in Suburban St. Louis

Ten Capital Management (TCM) has acquired 575 Maryville, a Class A office building in Town and Country, a suburb of St. Louis. The 258,441-square-foot building includes a fitness center, two conference rooms, on-site dining and parking. The property is currently 97 percent leased to four tenants, including anchor Cushman & Wakefield. Neither the seller nor the sales price was disclosed. To read full article, click here.

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3333 Richmond Rd, Suite 155
Beachwood, Ohio 44122
Telephone: (216) 342-9700