Thibeault Properties closes on $8.2 million purchase of 630 Washington Street
William Thibeault of Thibeault Properties recently closed on the downtown Registry building, located at 630 Washington St. The building was put up for public auction where Thibeault was the highest bidder at $8.2 million and had 30 days to complete the transaction.
The building is currently 100% occupied by a Dunkin' Donuts and the state's Registry of Motor Vehicles. Thibeault, said the registry is scheduled to move from the current building to its new home in spring of 2014 and he is exploring other potential users and options for the 41,000 s/f building.
The building had recently undergone a complete renovation and is in excellent condition. Since the property went to auction it has created a lot of inquires and we have been approached by various retail and restaurant tenants for the ground floor and a law firm that was interested in the entire 41,000 s/f building. It is a beautiful, historic, up to date building; Thibeault said that offers a convenient location and access to train service with the Orange line coming into the basement of the building. The building is currently managed by Lincoln Properties.
The building known as the Liberty Tree Building is a well known historical landmark. Just one block east of Boylston Station and Boston Common at Washington and Essex Sts., is the site of the famous Liberty Tree. Embedded in the wall of the building located at 630 Washington St. is a tablet marking the spot of the historic landmark, bearing the inscription "Sons of Liberty, 1766."
At the time of the revolution, a great elm tree stood in front of a grocery store here. It had wide spreading beautiful branches, and for many years was the center of business in the city's original South End. Several large elms grew nearby, and this area was known as the Neighborhood of Elms.
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