The properties include the four-story, 129,982-sf ResearchCommons office building at 12249 Science Dr.; the two-story,83,454-sf University TechCenter flex office buildings at 12501 and12565 Research Parkway; and the two-story, 58,765-sf TechnologyPoint I and II office buildings at 3045 and 3051 TechnologyParkway. The Research Commons building was constructed in 1989, theTechCenter office buildings in 1998, Technology Point I in 1986 andTechnology Point II in 1989.

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The seller was represented by Ron Rogg, of CB Richard Ellis, andJeff McFadden and Heidi Adams, of McFadden Realty Advisors,Inc.

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Despite the sale, Taurus will continue to expand its holdings inthe Central Florida Research Park and develop the 593-acre BeltwayCommerce Center near Orlando International Airport. The company isplanning to construct the four-building, 300,000-sf ChallengerSouth flex tech project and recently designed a two-phase,125,000-sf Discovery TechCenter II complex in the research park.The company plans to begin construction soon on the 75,000-sf PhaseIII of Challenger South and the 62,500-sf Building 1 of DiscoveryTechCenter II.

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"Since these existing assets had met their projected holdperiod, Taurus Southern will move forward in 2008 with developmentof new product in Central Florida Research Park and our new593-acre Beltway Commerce Center," McFadden says, in a preparedstatement. "In addition, the company is actively seekingacquisition opportunities in Orlando, Tampa and Jacksonville."

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