Florida & Gulf Coast + Central Florida + Office | May 23, 2022

Ten Capital Management acquired the SunTech Commerce Park in the Orlando submarket of Lake Mary, FL.

Ten Capital Management Acquires SunTech Commerce Park in Orlando

Cleveland, OH-based Ten Capital Management has completed the acquisition of SunTech Commerce Park in the Orlando submarket of Lake Mary, FL. The six-building, 224,359-square-foot Class A flex-office/light industrial park sits on 19.3 acres along Skyline Drive.

The property is positioned directly on a tech/Industrial corridor with 1,333 linear feet of prime frontage along Interstate 4. It is located 0.2 miles from the I-4 on-ramp and six miles from the Central Florida Greenway for access to Orlando International Airport.

In March of 2021, Ten Capital acquired five buildings in Technology Park also in in Lake Mary, FL. This 297,386-square-foot flex-office/light industrial facility is within half a mile of the SunTech acquisition.

According to TCM, the company makes equity investments between $10 and $35 million, targeting transactions which fall “below the radar” of larger institutional investors.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.