Trevor Davis Commercial Real Estate handles $1.8 million sale at Liberty Sq.
According to Trevor Davis, CCIM, of Trevor Davis Commercial Real Estate, LLC, the sale of an office condominium at Liberty Sq., Main St. has been completed.
American Library Association purchased the 7,635 s/f of office condo, the entire third floor, from Harding Development Group for $1.8 million.
Liberty Sq. is a new mixed-use building located on the corner of Main St. and Liberty St., in downtown. The 22,000 s/f, 3 story building is currently home to It's Only Natural Food Market on the retail floor, with class A office space on 2nd and 3rd floor.
Davis represented the tenant, Choice, a division of the American Library Association, and was the sole broker in the transaction.
American Library Association is a non-profit corporation and is one of the oldest and largest library association in the world. The site search for Choice lasted over three years since they were determined to find a building of high quality, in a downtown area with parking, and the ability to have their office floor LEED certified.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
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Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
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