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florida real estate | TEN CAPITAL MANAGEMENT

Ten Capital Management Acquires SunTech Commerce Park

Adds additional 224,359 square feet of industrial, warehouse, and flex product to its Lake Mary, Orlando submarket position CLEVELAND, OHIO, May 9, 2022 – Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced it has completed the acquisition of SunTech Commerce Park, a six-building, 224,359± RSF Class A flex-office/light industrial park situated on 19.3± acres located at 39-59 Skyline Drive, Lake Mary, Florida. The office services/flex market for comparable product in the area is strong, with a current vacancy rate of 6.0% for competitive product, consistently outperforming the overall Orlando MSA. The Property is positioned directly on I-4 in the heart of the Tech/Industrial corridor, offering 1,333 linear feet of prime frontage on a major east-west thoroughfare, with three points of ingress/egress from Skyline Drive and one point of ingress/egress to the south from Emma Oaks Trail. It is conveniently located just 0.2 miles from Florida’s I-4…

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Ten Capital Management Acquires Technology Park

The Park is an industrial, warehouse and flex product comprised of five buildings and located in one of Orlando’s most desirable locations CLEVELAND, OHIO, March 11, 2021 – Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced it has completed the acquisition of five buildings in Technology Park (“The Property”), located at 100, 200, 250, 255 & 525 Technology Parkway in Lake Mary, FL. Somerset Properties is a Co-General Partner on the transaction. The Property is the preferred location for several health care, technology, and business services tenants, many of which have demonstrated long-term loyalty to the location, and use the Property as headquarters. The 297,386 SF, five-building flex-office/light industrial facility is in one of suburban Orlando’s most desirable business-friendly submarkets. Recent leasing activity at the Property has resulted in more than 91,000 SF of new tenants over the last 12 months. The office market…

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TEN CAPITAL MANAGEMENT

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

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