Boston private equity firm buys five industrial buildings in St. Pete

Taurus Investment has purchased 1.4 million square feet of industrial space in four U.S. cities, including St. Petersburg.

By Louis Llovio
| 8:00 a.m. June 8, 2022
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Taurus Investment buys 1.4 million square feet of industrial space in four U.S. cities, including more than 230,000 in St. Petersburg.

Tampa Bay-Lakeland

A Boston private equity firm specializing in real estate has bought a portfolio consisting of 1.4 million square feet in industrial space, with nearly 250,000 square feet of that space in St. Petersburg.

Taurus Investment Holdings bought the Sunbelt Infil Portfolio for an undisclosed amount. In addition to St. Petersburg, the properties are in Houston, Atlanta and Orlando. The properties include 51 tenants spread across 12 buildings with a vacancy rate of 3.85%