One Newton Place, Newton, MA One Newton Place, Newton, MA

NEWTON, MA—Saracen Properties has acquired the One Newton Place office building here from Boston-based Taurus Investment Holdings for $50.75 million.

Waltham, MA-based Saracen Properties purchased the 172,813-square-foot urban in-fill office building in partnership with investment firm Cadre, which is headquartered in New York City. The deal marked Cadre's first joint venture deal with Saracen and its entry into the Boston real estate market.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.