Taurus Investment Holdings, LLC
Encyclopedia
Taurus Investment Holdings, LLC is a global real estate
investment adviser, owner-operator, and real estate developer of residential and commercial properties
.
, Germany
.
In 1979, it initiated business operations in the United States
.
Taurus focused on German capital until 2001, when it became a partner of US investors, expanding its access to capital in many parts of the world.
Taurus is an owner/operator whose 16 operating subsidiaries have more than 10000000 square feet (929,030.4 m²) of real estate worldwide, with directly managed and joint venture commercial real estate in North and South America, Western Europe, and most recently, Istanbul.
Since its inception, Taurus has purchased and sold over 20000000 square feet (1,858,060.8 m²) of office, industrial, retail, residential and hotel assets.
Over the past 15 years, Peter has negotiated, structured, and closed complex real estate transactions worth more than $3 billion dollars and in seven countries.
Prior to establishing Taurus New England Investments in 1997, Peter worked in a variety of entrepreneurial and institutional settings, including CB Commercial, John M. Corcoran & Company, and Berkeley Investments.
He is a member of the Board of Directors
of the National Association of Office and Industrial Parks, the Maribeth Merrigan Foundation, Irish Wolfhounds
rugby football
club, GOAL USA Advisory Committee
, the Worcester Tornadoes
professional baseball
Team, and a former Chairman of the Alumni Association
of the MIT Center for Real Estate in Cambridge, MA.
Peter is a graduate of the College of the Holy Cross
(BA) and the Massachusetts Institute of Technology
(MS).
, and co-founder of Taurus Investment Holdings, LLC.
Günther oversees the origination and development activities of new projects, including underwriting and acquisition.
He also directs the ongoing overall management of current projects.
Günther has managed real estate construction, development, and sales since 1971.
Prior to joining Taurus Investment Holdings, LLC, he directed Derag's sales coordination of real estate collectively valued at $100 million that included parts of the Olympic Village.
In 1976, Günther and partners formed TBG Taurus Bau GmbH, a Munich-based development company.
He was also the former Special Advisor to the Secretary of Commerce of the State of Florida
.
In 1979 Günther was the first of the Taurus group to come to the United States to explore development opportunities.
Lorenz is focused on the development and nourishment of international relationships with investors and product sources predominantly in Taurus’ non-US related business.
He is a frequent speaker at real estate conferences, and an advisor to the MIT Center of Real Estate.
As Chairman of Taurus Investment Holdings, LLC, Lorenz also acts as a spokesperson for the firm.
Lorenz has been involved in hundreds of commercial real estate transactions over the past 31 years.
Prior to joining Taurus he worked at Hoeschst (Cassella Riedl), the American Hospital Supply Corporation, and CPI Cardiac Pacemakers.
Lorenz attended München-Kolleg, Technische Universität, Ludwig Maximilian University of Munich and has a MS from Boston College
.
He is a member of Angel Healthcare Investor Group(AHI), The Massachusetts Historical Society
, the Board of Trustees of the Kunstakademie Munich, and a co-sponsor of research and exhibition project associations for “The Art of the Book: A Journey Through a Thousand Years” and “Confront: Resistance against Nazi Terror”.
Lorenz speaks German
, English
, Spanish
, and Italian
.
(Headquarters
), Atlanta, Chicago
, Dallas/Fort Worth, Deerfield Beach, Jacksonville , New York
, Orlando
, Munich
, Prague
, Toronto
, Istanbul
, Buenos Aires
, Lima
is a nationally recognized private community situated on 5200 acres (21 km²) near Woodstock, Vermont. It has two award-winning golf courses, 11 tennis courts, a 40000 square feet (3,716.1 m²) clubhouse, a restaurant, a private ski and snowboard area, a fitness center, outdoor and indoor lap pools, and a lake. Taurus acquired a portion of the remaining development rights in 2005. These development rights include the future development of approximately 750 new homes, townhomes amenities, and related amenities.
area. Back Bay is one of the premier retail, housing, and office locations, not only in the United States, but worldwide. Often compared to Rodeo Drive, Newbury Street attracts tourists and city-goers to shop, work, and live. To date, Taurus has acquired 21 properties as part of the Program.
(CFRP). The Challenger South complex is on the south side of Challenger Parkway, approximately one mile from the terminus of the East-West Expressway. This development complex was engineered to meet the high-tech user’s needs and compliment the goals of the CFRP.
. The developments will be situated on the Konya Highway, which is the major north/south thoroughfare leading from the center business/government district to the rapidly developing residential neighborhoods in the west. The center is intended to take advantage of the strong growth of an affluent population in that area of the city faced with a substantial undersupply of adequate retail space. The center will be anchored by Metro Group's Media Market and REAL grocery concepts, surrounded by smaller in-line retailers. The top terrace will include a 3000-square-meter Cultural Center for Ankara Municipality.
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
investment adviser, owner-operator, and real estate developer of residential and commercial properties
Commercial property
The term commercial property refers to buildings or land intended to generate a profit, either from capital gain or rental income.-Definition:...
.
History
In 1976, Taurus was founded in MunichMunich
Munich The city's motto is "" . Before 2006, it was "Weltstadt mit Herz" . Its native name, , is derived from the Old High German Munichen, meaning "by the monks' place". The city's name derives from the monks of the Benedictine order who founded the city; hence the monk depicted on the city's coat...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
.
In 1979, it initiated business operations in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
Taurus focused on German capital until 2001, when it became a partner of US investors, expanding its access to capital in many parts of the world.
Taurus is an owner/operator whose 16 operating subsidiaries have more than 10000000 square feet (929,030.4 m²) of real estate worldwide, with directly managed and joint venture commercial real estate in North and South America, Western Europe, and most recently, Istanbul.
Since its inception, Taurus has purchased and sold over 20000000 square feet (1,858,060.8 m²) of office, industrial, retail, residential and hotel assets.
Peter A. Merrigan
Peter Merrigan is President and CEO of Taurus Investment Holdings, LLC. He oversees the daily operations of Taurus and its subsidiaries. Peter is the co-founder of Taurus along with Lorenz Reibling and Günther Reibling. His primary area of expertise lies in creating economically viable projects that yield long term value for both investors and communities.Over the past 15 years, Peter has negotiated, structured, and closed complex real estate transactions worth more than $3 billion dollars and in seven countries.
Prior to establishing Taurus New England Investments in 1997, Peter worked in a variety of entrepreneurial and institutional settings, including CB Commercial, John M. Corcoran & Company, and Berkeley Investments.
He is a member of the Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
of the National Association of Office and Industrial Parks, the Maribeth Merrigan Foundation, Irish Wolfhounds
Ireland national rugby league team
The Ireland national rugby league team, known as the Wolfhounds, represent the island of Ireland in rugby league football. The team is organized by Rugby League Ireland and are accredited as an affiliate member of the Rugby League International Federation...
rugby football
Rugby football
Rugby football is a style of football named after Rugby School in the United Kingdom. It is seen most prominently in two current sports, rugby league and rugby union.-History:...
club, GOAL USA Advisory Committee
Advisory Committee
Advisory Committee is Mirah's second full-length album.-Track listing:#"Cold Cold Water" – 5:09#"After You Left" – 1:38#"Make It Hot" – 2:30#"Mt. St...
, the Worcester Tornadoes
Worcester Tornadoes
The Worcester Tornadoes are a professional baseball team based in Worcester, Massachusetts, in the United States. The Tornadoes are a member of the Canadian-American Association of Professional Baseball, an independent baseball league which is not affiliated with Major League Baseball...
professional baseball
Professional baseball
Baseball is a team sport which is played by several professional leagues throughout the world. In these leagues, and associated farm teams, players are selected for their talents and are paid to play for a specific team or club system....
Team, and a former Chairman of the Alumni Association
Alumni association
An alumni association is an association of graduates or, more broadly, of former students. In the United Kingdom and the United States, alumni of universities, colleges, schools , fraternities, and sororities often form groups with alumni from the same organisation...
of the MIT Center for Real Estate in Cambridge, MA.
Peter is a graduate of the College of the Holy Cross
College of the Holy Cross
The College of the Holy Cross is an undergraduate Roman Catholic liberal arts college located in Worcester, Massachusetts, USA...
(BA) and the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
(MS).
Günther Reibling
Günther Reibling is the Executive Vice President, Chief Operating OfficerChief operating officer
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
, and co-founder of Taurus Investment Holdings, LLC.
Günther oversees the origination and development activities of new projects, including underwriting and acquisition.
He also directs the ongoing overall management of current projects.
Günther has managed real estate construction, development, and sales since 1971.
Prior to joining Taurus Investment Holdings, LLC, he directed Derag's sales coordination of real estate collectively valued at $100 million that included parts of the Olympic Village.
In 1976, Günther and partners formed TBG Taurus Bau GmbH, a Munich-based development company.
He was also the former Special Advisor to the Secretary of Commerce of the State of Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...
.
In 1979 Günther was the first of the Taurus group to come to the United States to explore development opportunities.
Lorenz Reibling
Lorenz Reibling is the Chairman, Senior partner, and co-founder of Taurus Investment Holdings, LLC.Lorenz is focused on the development and nourishment of international relationships with investors and product sources predominantly in Taurus’ non-US related business.
He is a frequent speaker at real estate conferences, and an advisor to the MIT Center of Real Estate.
As Chairman of Taurus Investment Holdings, LLC, Lorenz also acts as a spokesperson for the firm.
Lorenz has been involved in hundreds of commercial real estate transactions over the past 31 years.
Prior to joining Taurus he worked at Hoeschst (Cassella Riedl), the American Hospital Supply Corporation, and CPI Cardiac Pacemakers.
Lorenz attended München-Kolleg, Technische Universität, Ludwig Maximilian University of Munich and has a MS from Boston College
Boston College
Boston College is a private Jesuit research university located in the village of Chestnut Hill, Massachusetts, USA. The main campus is bisected by the border between the cities of Boston and Newton. It has 9,200 full-time undergraduates and 4,000 graduate students. Its name reflects its early...
.
He is a member of Angel Healthcare Investor Group(AHI), The Massachusetts Historical Society
Massachusetts Historical Society
The Massachusetts Historical Society is a major historical archive specializing in early American, Massachusetts, and New England history...
, the Board of Trustees of the Kunstakademie Munich, and a co-sponsor of research and exhibition project associations for “The Art of the Book: A Journey Through a Thousand Years” and “Confront: Resistance against Nazi Terror”.
Lorenz speaks German
German language
German is a West Germanic language, related to and classified alongside English and Dutch. With an estimated 90 – 98 million native speakers, German is one of the world's major languages and is the most widely-spoken first language in the European Union....
, English
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...
, Spanish
Spanish language
Spanish , also known as Castilian , is a Romance language in the Ibero-Romance group that evolved from several languages and dialects in central-northern Iberia around the 9th century and gradually spread with the expansion of the Kingdom of Castile into central and southern Iberia during the...
, and Italian
Italian language
Italian is a Romance language spoken mainly in Europe: Italy, Switzerland, San Marino, Vatican City, by minorities in Malta, Monaco, Croatia, Slovenia, France, Libya, Eritrea, and Somalia, and by immigrant communities in the Americas and Australia...
.
Offices
BostonBoston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
(Headquarters
Headquarters
Headquarters denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top of a corporation taking full responsibility managing all business activities...
), Atlanta, Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
, Dallas/Fort Worth, Deerfield Beach, Jacksonville , New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, Orlando
Orlando, Florida
Orlando is a city in the central region of the U.S. state of Florida. It is the county seat of Orange County, and the center of the Greater Orlando metropolitan area. According to the 2010 US Census, the city had a population of 238,300, making Orlando the 79th largest city in the United States...
, Munich
Munich
Munich The city's motto is "" . Before 2006, it was "Weltstadt mit Herz" . Its native name, , is derived from the Old High German Munichen, meaning "by the monks' place". The city's name derives from the monks of the Benedictine order who founded the city; hence the monk depicted on the city's coat...
, Prague
Prague
Prague is the capital and largest city of the Czech Republic. Situated in the north-west of the country on the Vltava river, the city is home to about 1.3 million people, while its metropolitan area is estimated to have a population of over 2.3 million...
, Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...
, Istanbul
Istanbul
Istanbul , historically known as Byzantium and Constantinople , is the largest city of Turkey. Istanbul metropolitan province had 13.26 million people living in it as of December, 2010, which is 18% of Turkey's population and the 3rd largest metropolitan area in Europe after London and...
, Buenos Aires
Buenos Aires
Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...
, Lima
Lima
Lima is the capital and the largest city of Peru. It is located in the valleys of the Chillón, Rímac and Lurín rivers, in the central part of the country, on a desert coast overlooking the Pacific Ocean. Together with the seaport of Callao, it forms a contiguous urban area known as the Lima...
Quechee Lakes
Quechee LakesQuechee Lakes
Quechee Lakes is a private community located on the border of Vermont and New Hampshire in the town of Hartford, Vermont.Opened in 1969, the community has grown to consist of 19 town-home villages and more than 600 single-family homes built on in the hills surrounding the Ottauquechee River Valley...
is a nationally recognized private community situated on 5200 acres (21 km²) near Woodstock, Vermont. It has two award-winning golf courses, 11 tennis courts, a 40000 square feet (3,716.1 m²) clubhouse, a restaurant, a private ski and snowboard area, a fitness center, outdoor and indoor lap pools, and a lake. Taurus acquired a portion of the remaining development rights in 2005. These development rights include the future development of approximately 750 new homes, townhomes amenities, and related amenities.
The Standish
Formerly The Standish Arms Hotel, this investment represented an opportunity to acquire scarce premium apartment rental product in Brooklyn Heights. 169 Columbia Heights is the only high-rise apartment building with an elevator on this historic neighborhood's most exclusive street - Columbia Heights. Taurus will seek to maximize the value of this real estate by renovating the property into rental apartments.The Newbury Street Aggregation Program
The Newbury Street Aggregation Program is a venture between Taurus, Anglo Irish Bank, and Urban Meritage, to purchase properties in Boston's Back BayBack Bay, Boston, Massachusetts
Back Bay is an officially recognized neighborhood of Boston, Massachusetts famous for its rows of Victorian brownstone homes, which are considered one of the best-preserved examples of 19th-century urban design in the United States, as well as numerous architecturally significant individual...
area. Back Bay is one of the premier retail, housing, and office locations, not only in the United States, but worldwide. Often compared to Rodeo Drive, Newbury Street attracts tourists and city-goers to shop, work, and live. To date, Taurus has acquired 21 properties as part of the Program.
160 Federal Street
160 Federal Street is a Class B+/A- office building located in downtown Boston, Massachusetts. This "art deco" style structure contains 24 floors consisting of approximately 351000 square feet (32,609 m²) of office and ground floor retail space. Taurus acquired the majority interest in the office condominiums in 2001. Major tenants at the property include: Meredith & Grew, Rackemann, Sawyer & Brewster, The Boston Business Journal, First Republic Bank, MassDevelopment, and The Massachusetts Housing Partnership.Central Florida Research Project: Challenger South
Challenger South is a multi-phase development consisting of four 75000 square feet (6,967.7 m²), one- and two-story “flex-tech” buildings, located in the heart of the Central Florida Research ParkCentral Florida Research Park
The Central Florida Research Park, is a research park abutting the main campus of the University of Central Florida in Orlando, Florida, United States...
(CFRP). The Challenger South complex is on the south side of Challenger Parkway, approximately one mile from the terminus of the East-West Expressway. This development complex was engineered to meet the high-tech user’s needs and compliment the goals of the CFRP.
Parque Austral
Taurus has entered into an agreement with the Universidad Austral (Buenos Aires, Argentina) to develop and operate the first university research park in the country. Taurus has been selected to be the developer and operator of the 67 acres (271,139.6 m²) park that is intended to become home to more than 70 top-level companies involved in research and development. The Park is located 40 minutes from the Buenos Aires central business district, and forms part of the Universidad Austral’s Pilar Campus, currently comprising Latin America’s premier business school (according to Financial Times' business schools ranking), the IAE, and the newly built and fully operative University Hospital Austral.Balgat Shopping Center
Balgat Shopping Center is a proposed development of a 78,000-square-meter grocery-anchored shopping center located in Ankara, TurkeyAnkara
Ankara is the capital of Turkey and the country's second largest city after Istanbul. The city has a mean elevation of , and as of 2010 the metropolitan area in the entire Ankara Province had a population of 4.4 million....
. The developments will be situated on the Konya Highway, which is the major north/south thoroughfare leading from the center business/government district to the rapidly developing residential neighborhoods in the west. The center is intended to take advantage of the strong growth of an affluent population in that area of the city faced with a substantial undersupply of adequate retail space. The center will be anchored by Metro Group's Media Market and REAL grocery concepts, surrounded by smaller in-line retailers. The top terrace will include a 3000-square-meter Cultural Center for Ankara Municipality.