CoreCivic announced that it has acquired the 260,867-square foot Capital Commerce Center, located in Tallahassee, Florida. Capital Commerce Center is 98% leased, and 87% leased to the State of Florida on behalf of the Florida Department of Business and Professional Regulation. DBPR has occupied their space in the property since March 1, 2016 and has recently completed a ten year lease extension that will commence upon the completion of nearly $6 million in new building improvements. The lease with DBPR at the Capital Commerce Center is backed by the financial strength of the State of Florida, which has a AAA credit rating from S&P.