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Terracap Management Sells Three-story Office Building In Tampa | Benzinga

by benzinga.com posted 3weeks ago 11 views
TAMPA, Fla., Sept. 24, 2021 /PRNewswire/ -- TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the sale of Eastpointe. Eastpointe is a 3-story Class B office building located in Tampa, FL and consists of approximately 82,000 square feet. The property was built in 1987 and has a 2-story parking garage. The property was 96% occupied at the time of sale. "This sale wraps up disposition of the last income producing asset stabilized as part our strategy of repositioning distressed commercial assets in the Florida market.

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