TerraCap Management shifts from primarily buying to selling office assets

Bonita Springs investment firm is reaping profits from value-add strategy

  • By Kevin McQuaid
  • | 6:00 a.m. June 15, 2018
  • | 0 Free Articles Remaining!
KAYLEIGH OMANG TerraCap Management has sold a handful of assets in recent months, including the 10-story Kane Plaza office building in downtown Sarasota
KAYLEIGH OMANG TerraCap Management has sold a handful of assets in recent months, including the 10-story Kane Plaza office building in downtown Sarasota
  • Commercial Real Estate
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TerraCap Management has for several years been sowing the seeds for a big return, buying often distressed properties throughout Florida at discounts to replacement costs.

Now, it’s reaping.

 

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