February 5, 2021
Boston-based Taurus Financial investment Holdings has actually unloaded from Strate, a 295-unit multifamily area in Malden. An affiliate of The Green Cities Firm obtained the home for $95.5 million.
Situated at 500 Broadway, the building neighbors midtown Malden and uses accessibility to the MBTA Orange Line and also heaven Line at Revere Coastline. The area is topped more than 8 acres and contains a solitary five-story elevatored structure. Taurus lately remodelled the features as part of its business strategy. Neighborhood facilities now include an outdoor swimming pool, large outdoor area including numerous barbeques, firepit, seating locations, a modern-day community space as well as physical fitness facility.
Simon Butler, Biria St. John as well as John McLaughlin of CBRE represented Taurus Financial investment Holdings in the transaction.
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