TennesseeIndustrial Taurus sells 8.2-million-square-foot logistics portfolio November 25, 2019 Share on Facebook Share on Twitter Share on LinkedIn Share via email Taurus Investment Holdings, LLC has clsoed the sale of an 8.2-million-square-foot logistics portfolio in the Chicago, Dallas, Atlanta and Memphis markets to Investcorp, a global provider and manager of alternative investment products. The portfolio consists of 117 buildings with more than 400 regional, national and international tenants. The firm exited its US Logistics Fund I and three co-investment vehicles totaling $204 million in equity capital. Taurus will remain the co-invested manager of the portfolio in joint venture with Investcorp. “Logistics is one our highest conviction investment themes at present in the US and Europe, and the value created for our investors by this transaction further demonstrates our expertise in assembling a robust last mile logistics portfolio,” said Peter Merrigan, CEO of Taurus. “I am proud of our acquisitions and local asset management teams for their work in assembling and stabilizing this portfolio.” The portfolio known as the Taurus Bullseye Portfolio comprises buildings providing ease of access to major transportation arteries; both ground and air, allowing users to effectively service these large densely populated regions. The portfolio features buildings ranging from 4,000 to 520,000 rentable square feet of industrial, logistics and flex warehouse space with an average clear height of over 20 feet.