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Press Releases

Ten Capital Management Acquires One Conway in Lake Forest, IL for $19.35M

Recently renovated Class A office building in one of the wealthiest suburbs in Chicago has 94% occupancy with long-term leases and can provide strong cash-on-cash returns to investors CLEVELAND, OHIO, November 21, 2016 – Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced its acquisition of One Conway (or the “Property”) for $19.35M. The Property is located on North Field Drive in Lake Forest, IL and was purchased from a joint venture between Sam Zell’s Equity Group Investments LLC and Fulcrum Asset Advisors LLC. The Property is 94% occupied to a diverse mix of tenants, and is newly renovated.  The highly-amenitized three-story building is a multi-tenant Class A boutique office building comprising 105,000 sf and is located in the affluent Chicago suburb of Lake Forest, Illinois.  The asset is strategically located at the four-way interchange of Interstate 94 and Route 60 (Townline Road), within Conway…

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Ten Capital Management Acquires Arbor Ridge in Malvern, Chester County, PA for $24.25M

Recently redeveloped property is a stable asset with long-term leases offering predictable in-place cash flow and attractive risk adjusted investment opportunity CLEVELAND, OHIO, November 7, 2016 – Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced its acquisition of Arbor Ridge (“Arbor Ridge” or the “Property”) for $24.25M. The Property is located on E. Swedesford Road in Malvern, PA and was purchased from Alliance Partners HSP. Arbor Ridge consists of three one- and two-story Class A office buildings with a combined net rentable area of 128,627 square feet and is currently 91% leased to a diverse mix of high-quality tenants. The Property sits on 16.98 acres at the heart of the Route 202 high-tech corridor in Malvern, with convenient access to Routes 202, 29, 30 and Interstate 76. Arbor Ridge was completely redeveloped over the past 24 months with a modern focus on creative office…

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Ten Capital Management Acquires Stone Manor Corporate Center in Warrington, Bucks County, PA for $19.75M

CLEVELAND–(BUSINESS WIRE)–Ten Capital Management (“TCM”), a privately held real estate investment management firm today announced its acquisition of Stone Manor Corporate Center (“Stone Manor” or the “Property”) for $19.75M. The Property is located on 2600 and 2700 Kelly Road in Warrington, PA and was purchased from Cornerstone Real Estate Advisors Stone Manor is currently 100% occupied and is comprised of two, three-story, Class A office buildings with a combined net rentable area of 121,535 square feet. Frontage along Easton Road (Route 611) affords Stone Manor immediate access to Route 202 and Interstate 276 (The Pennsylvania Turnpike), and subsequently provides the Property with exceptional linkages to Philadelphia, Trenton, and the northwestern suburbs of Bucks and Montgomery Counties. Stone Manor contains the amenities of two on-site hotels, a retail bank, and a full-service restaurant on a privately wooded, 31.9-acre campus just minutes from the most desirable neighborhoods, school districts, and consumer attractions that…

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Ten Capital Management Participates in Women’s Alternative Investment Summit in New York

Ten Capital Management Participates in Women’s Alternative Investment Summit in New York COO Carmela Guerrero addresses the opportunities and challenges in middle market real estate investing in a rising rate environment CLEVELAND, OHIO, November 11, 2015 – Carmela Guerrero, COO of Ten Capital Management, joined a panel of industry professionals for the 7th Annual Women’s Alternative Investment Summit, where she focused on opportunities and challenges in the real estate space in a potentially rising rate environment. The two-day conference designed to enhance networking, fundraising, and deal-making opportunities for senior-level women across the broad spectrum of alternatives, including private equity, venture capital, hedge funds, real estate, debt, infrastructures, and real assets, took place at the Pierre Hotel in New York City from November 5-6. Guerrero was part of a panel entitled “Can GPs Meet the Expectations of LPs Investing in Real Estate?” that included Meagan Nichols, Deputy Head of Global Investment…

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