TerraCap Management Purchases Business Park in South Orlando for $17.6M
ORLANDO, FLA. — TerraCap Management has purchased Lake Point Business Center, a six-building office park in Orlando, for $17.6 million. The property consists of six single-story office buildings with 134,000 square feet of rentable space. Lake Point Business Park is located in south Orlando, about five miles from Orlando International Airport. Ron Rogg of CBRE represented the seller, Raith Capital Partners LLC, in the transaction. BankUnited provided acquisition financing to TerraCap.