Taurus Investment Holdings has paid $74.5 million for 300 Baker Avenue in Concord, Mass.
Newmark Knight Frank represented the seller.
Totaling 410,296 square feet, 300 Baker Avenue is 93.2 percent leased to a 13-tenant roster anchored by the corporate headquarters of Welch’s, a leading grape juice and food product company, and Lexia Learning, a subsidiary of Rosetta Stone, as well as a key satellite facility for Emerson Hospital, which operates its flagship hospital less than 1.5 miles away. The property’s extensive on-site amenity package includes a full-service cafeteria, new Starbucks coffee kiosk, fitness and conference centers and basketball and volleyball courts.
“300 Baker Avenue recently underwent a successful capital improvement program highlighted by upgrades to its headquarters-quality amenities,” said Matthew Pullen, executive managing director at Newmark Knight Frank. “This multi-million-dollar renovation combines with the property’s f
