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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