Boston, Massachusetts–May 1st 2007 Taurus Investment Holdings LLC, a real estate investment, development and management firm, announced today the sale of 109-115 Broad Street to Synergy. Jones Lang LaSalle represented Taurus Investment Holdings, LLC in the transaction and procured the buyer, Synergy. Managing Directors Michael G. Smith and Cappy F. Daume, with Senior Vice Presidents Scott Jamieson, Gail McDonough and Daniel St.Clair represented the seller and procured the buyer. The sale price was $12,050,000
Peter Merrigan, Taurus’ President & CEO, recounts: “109-115 Broad Street has been a great financial asset through our seven-year holding period. Taurus completed a gut renovation and leasing of the building and we are proud to have successfully completed this very complicated historical rehabilitation.”
“We are pleased with our acquisition of 109-115 Broad Street. It is a well located asset that will benefit from the surrounding improvements and increasing office rents” says Dave Greaney, President of Synergy.
Comprised of three buildings constructed in the mid 1800’s, 109-115 Broad Street is a 55,318-square-foot, seven-story boutique office building located in the Financial District along the rose Kennedy Greenway in Boston, Massachusetts. The building is located on the periphery of the Greenway and is close to The Park at Post Office Square. It is serviced by excellent public transportation, restaurants, hotels and retail amenities. |