Taurus/UrbanMeritage JV acquires 899 Boylston St. for $9.6 million

January 22, 2009 - Retail
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 s/f retail and office building is located in the city's Back Bay neighborhood. The three-story property was built in 1920 and renovated in 2001. The building is 100% leased to Trader Joe's, Staples Copy and Print Center and Berklee College of Music. Cushman & Wakefield of Mass. Inc. represented the seller and the buyer.

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