Congress Square Update 08/04/16

Related Beal sells two Congress Square buildings to Thibeault Development


This afternoon, Related Beal sold two buildings, located at 13-19 Congress Street, on the Congress Square development site in Downtown Boston to Thibeault Development of Everett, MA for $14.55 million as recorded in the Suffolk County Registry of Deeds. Related Beal acquired the site for $87 million in 2013 and guided the Congress Square development project through approvals; the project started construction earlier this year. Della Thibeault, a Manager at Thibeault Development, was available for comment and confirmed that the firm is now the owner of 13-19 Congress Street. Related Beal retains ownership of the other three buildings at Congress Square and of a Devonshire Street parcel intended for construction of a boutique hotel; representatives of Related Beal were not available for comment this afternoon. This page will be updated with additional information as it becomes available. The following is a site plan of Congress Square; the buildings sold to Thibeault Development are numberred 19 & 15 Congress:


Congress-Square-Site-Plan


The following is the deed for the sale of 13-19 Congress Street to Thibeault Development:


   

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