Taurus Inv. Holdings closes on 73.64 acres of land financings

April 30, 2008 - Front Section
Taurus Investment Holdings, has closed on development financing for 73.64 acres of land in Orlando through its subsidiary, Taurus Industrial Development, LLC, a leading industrial developer in the Southeast. The master-planned industrial park, which is located directly north of Orlando International Airport, will consist of 950,000 s/f of Class A distribution and warehouse space.
The phased speculative development will initially comprise of 665,000 s/f of distribution space consisting of a 378,000 s/f cross dock facility and two rear load buildings measuring 135,000 and 145,000 s/f. The second phase of development will be constructed at a later date. Financing for the project has been provided by Bank of America.
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