NORTH READING, MA-Greenstreet / Niosi Capital Partners in a partnership with Taurus Investment Holdings, LLC, acquired a 60,800-sf flex office building at 55 Concord St. for $4.8 million.The building is occupied by Comcast of Massachusetts with a lease guarantee from its parent, Comcast Corp. The location is approximately a 15-minute drive north of Downtown Boston and near Route 93.This transaction marks the ninth investment completed between Taurus and Greenstreet / Niosi Capital Partners within the past three years on real estate valued at more than $95million and the fifth acquisition under the GNCP/Taurus-sponsored Single Tenant Acquisition Program. Eric Jones of Greenstreet tells that Taurus and Greenstreet are halfway toward the targeted size of the fund, which is between $100 million to $125 million. He adds that the fund has a national focus that cuts across property types and includes both investment grade and non investment grade properties. Greenstreet / Niosi Capital Partners has consummated in excess of $840 million in real estate investments.

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