Liberty Tree Lofts Update 11/06/16

Thibeault selling renovated, 100% leased Liberty Tree Lofts in Downtown Crossing, sale could approach $39 million


Thibeault Development has listed its’ renovated, 100% leased Liberty Tree Lofts building in Downtown Crossing for sale through Boston Realty Advisors. The building’s sale price could approach $39 million per The Real Reporter. Liberty Tree Lofts was overhauled in 2014 and features 37 loft apartments and fully-occupied ground-floor retail. “This is a superb core opportunity that has plenty of upside from various aspects and is in a submarket undergoing incredible changes for the good,” says Boston Realty Advisors founding principal Jason S. Weissman. Visit LibertyTreeBuilding.com for more information. Thibeault is the developer of the residential component of the 458,300 square foot Congress Square project in the Financial District and acquired the 54,461 square foot future Congress Square residential buildings in August 2016 for $14.55 million.

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