Back Bay retail building sold for $9.6M

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Tuesday, January 6, 2009

Back Bay retail building sold for $9.6M

Boston Business Journal

Taurus/UrbanMeritage JV acquired 899 Boylston St. from Gubbins/McMahon Boylston St. LP for $9.6 million.

The buyer is a joint venture between Taurus Investment Holdings LLC, Anglo Irish Bank Corp. PLC, and UrbanMeritage LLC.

The 16,258-square-foot retail and office building is located in Boston's Back Bay neighborhood. The three-story property was built in 1920 and renovated in 2001. The building is 100 percent leased to Trader Joe's, Staples Copy and Print Center and Berklee College of Music.

Cushman & Wakefield of Massachusetts Inc. represented the seller and the buyer.

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Taurus, TIH, and Taurus Investment are the international marketing names for all activities of Taurus Investment Group, Inc., Taurus Investment Holdings, LLC,
Taurus Capital Markets, LLC, Taurus Management Services, LLC, Taurus New England Investment Corp. and their affiliates.

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