Taurus Inv. Holdings closes on 73.64 acres of land financings
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 be initially comprised 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.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.
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