Monday, December 12, 2005

Taurus Sells Four Orlando Properties

Taurus Southern Investments, a real estate investment company with “more than 6.5 million square feet of real estate globally,” and Greenstreet Capital Partners LLC, which “provides private equity for real estate investments,” jointly sold their Orlando property portfolio in the Central Florida Research Park. The purchaser has remained undisclosed, but the Orlando properties were acquired for $32.4 million.”

All four of the Orlando properties in the portfolio are single-story office buildings that were built and developed between 1997 and 2003 by Taurus. The Orlando Properties take up more than 24 acres of the park’s land and have “a total of 197,544 rentable square feet.”