Friday, December 21, 2007
Taurus Investment buys Toronto building
Boston Business Journal - Boston Business Journal
Taurus Investment Holdings LLC purchased a Toronto office building from a private individual for $39.7 million.
The seller's name was not disclosed.
Taurus and its subsidiary, Taurus Canada Investments, acquired the building on Nov. 30th. The lender was Penmor Investment Services Ltd.
The nine-story, 252,000-square-foot building is located at 111 Peter St. in Toronto's Theatre District, and is minutes from downtown.
In 1976, Taurus was founded in Munich, Germany. In 1979, it initiated business operations in the United States and now has offices in several U.S. cities, including Boston.
Taurus has 16 subsidiaries which own and operate more than 10 million square feet of real estate worldwide and has purchased and sold over 20 million square feet of office, industrial, retail, residential and hotel assets.
Boston Business Journal
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