TerraCap makes a big entrance into Phoenix

In its first Arizona deal, Naples investment firm acquires a pair of office buildings for $103.5 million.

  • By Kevin McQuaid
  • | 6:00 a.m. February 19, 2021
COURTESY PHOTO — TerraCap Management's first purchase in Phoenix involved the two-building Anchor Centre office complex.
COURTESY PHOTO — TerraCap Management's first purchase in Phoenix involved the two-building Anchor Centre office complex.
  • Commercial Real Estate
  • Share

As part of an expansion program that took it to Dallas and Denver in recent years, TerraCap Management LLC has completed its first purchase in Phoenix for $103.5 million.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • April 2, 2026
Sarasota Doctors Hospital names new COO
  • April 2, 2026
Babcock Ranch shopping center gets refinance
  • April 2, 2026
Report: Childhood poverty pockets remain in region amid Florida decline
  • April 2, 2026
Hillsborough to spend $70M on stormwater drainage improvements

Sponsored Content