News: Front Section
Posted: November 6, 2008
Taurus and DivcoWest buy 300 - 400 Riverpark
Taurus Investment Holdings and DivcoWest completed the purchase of 300 and 400 Riverpark Dr. The properties were purchased from Teradyne, Inc. and were acquired by a joint venture affiliate of Taurus Inv. and DivcoWest.
The transaction was handled by David Pergola Sr. and Mark Reardon of CB Richard Ellis.
Both 300 and 400 Riverpark Drive are part of Riverpark Office Park. There are a total of seven buildings in Riverpark that include Teradyne's corporate headquarters.  
"The purchase of these assets continues to evidence our commitment to the Greater Boston market and we're very pleased to partner with DivcoWest on this transaction," said Peter Merrigan, President and CEO of Taurus Investment Holdings. "This is DivcoWest's sixth acquisition in the Boston area and we continue to believe there will be more opportunities to grow our portfolio in the New England market," commented Stuart Shiff, President of DivcoWest.
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