Updated Oct 29, 2024
Taurus Investment Holdings Acquires Office Property In Concord For $74.5M
300 Baker Ave, Concord, MA 01742, USA
$74,500,000
$180/SF
Building Size
413,415 SF
Asset Type
Office
Closing
Apr 14, 2020
About this deal
AI
Novaya Real EstateVentures has sold an office property located at 300 Baker Avenue in Concord. The property, spanning 413,415 square feet, was sold for a total price of $74,500,000, resulting in a price per square foot of $180. The transaction took place on April 15, 2020.
Summary of transation details
- Property Type: Office
- Transaction Amount: $74,500,000
- Property Address: 300 Baker Avenue
- Market: Concord
The seller of the property was Novaya Real EstateVentures, represented by Peter Carbone III and Jeffrey Theobald. The buyer, Taurus Investment Holdings, was represented by Linda Kassof, Peter Merrigan, and Erik Rijnbout. Brokers involved in the deal were Robert Griffin, Matthew Pullen, and Edward Maher.
Players
Concord Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93