Taurus Investment Holdings Acquires Newton, MA Office For $92M

Located at 75 Wells Ave in Newton, MA, this office property was recently sold in a closed transaction. The property spans 377,696 square feet and is situated in the Newton market. The sale price for this transaction amounted to $92,000,000, resulting in a price per square foot of $244.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $92,000,000
• Square Footage: 377,696
• Address: 75 Wells Ave, Newton, MA
• Market: Newton, MA

The buyer for this transaction was Taurus Investment Holdings, while the sellers were Angelo, Gordon & Co. and Jumbo Capital Management. The deal was facilitated by brokers Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines, who represent CBRE.