Ten Capital Management’s purchase of Bayview Corporate Tower in Fort Lauderdale was one of South Florida’s largest office sales transactions https://therealdeal.com/miami/2020/12/16/here-are-south-floridas-largest-office-sales-of-2020/?utm_source=internal&utm_medium=widget&utm_campaign=feature_posts
The 413,833 sf Class A Office Building is located in one of suburban Fort Lauderdale’s most desirable locations, and is well poised for continued growth CLEVELAND, OHIO, July 13, 2020 – Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced it has completed the acquisition of Bayview Corporate Tower located at 6451 North Federal Highway (“Bayview”). Somerset Properties is a Co-General Partner on the transaction. The Class A office building is in the Cypress Creek submarket of Broward County. The Property was recently renovated with over $4.8 million in base building improvements over the last three years, and features flexible floor plates that can accommodate tenant requirements ranging from 1,500sf to expansive, contemporary plans as large as 33,500sf. Onsite amenities include a café, conference center, fitness center, amenity lounge, outdoor picnic area, and on-site security and management. The Property offers a 5.0/1,000sf parking ratio in…