Taurus completes $14m sale/leaseback of 356,541 s/f facility

Taurus Investment Holdings closed on the $14 million purchase of a newly constructed, 356,541 s/f manufacturing/distribution facility through its subsidiary, Taurus Corporate Properties, LLC. Taurus and Pratt entered into a long-term lease for the property converting and distribution facility for Pratt's paper and packaging business. Acquisition financing for Taurus was provided by TD Banknorth. Pratt was represented in the transaction by Staubach Capital Markets.