300 Baker Ave. in Concord/Photo courtesy of Taurus Investment Holdings

A subsidiary of Boston-based Taurus Investment Holdings will retrofit a 410,296-square-foot office building in Concord for sustainability following a $74.5 million acquisition.

Located at 300 Baker Ave., the property is 93 percent occupied by 13 tenants including Emerson Hospital, Welch’s Foods Inc. and Lexia Learning.

Taurus’ RENU Communities subsidiary plans to use the property as a flagship project involving retrofits to its energy systems to attain carbon-neutral performance, according to a statement by Christopher Gray, chief technology officer of RENU Communities.

The seller, an affiliate of Novaya Real Estate Ventures, acquired the property in December 2016 for $64.5 million.

“We continue to actively pursue defensible and opportunistic acquisitions like 300 Baker despite the turbulent economic environment,” Taurus CEO Peter Merrigan said in a statement.

Newmark Knight Frank brokered the transaction. MetLife provided $56.3 million in debt financing.