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Related Beal has sold two parcels in its Congress Square development in downtown Boston for $14.55 million.
The buyer is Thibeault Development of Everett, according to a filing with the Suffolk County Registry of Deeds.
The properties at 13-15 and 19 Congress St. are part of a 1-acre block of six buildings that Related Beal acquired in 2013 from Fidelity Investments for $87 million. In 2014, Related Beal filed plans for an estimated $105 million, 458,300-square-foot redevelopment project.
Plans approved by the Boston Redevelopment Authority in July 2015 call for the buildings to be converted into a hotel, condominiums, retail space and collaborative office space. A 5-story addition would be built atop 15 Congress St., with the building converted into 35 condos and 5,750 square feet of street-level retail and restaurant space.
The Congress Square development also includes parcels at 40 Water St., 82 Devonshire St. and 33-35 Congress St., which are being renovated into 284,600 square feet of collaborative office space with 30,900 square feet of ground-floor retail. And 68 Devonshire St. would be expanded and renovated for a 165-room hotel.
Thibeault’s recent acquisitions in Boston include 44 Bromfield St. in Downtown Crossing, the Liberty Tree Building at 630 Washington St. and the FiDi Lofts at 153-155 Milk St. A company representative was not immediately available for comment.
In a statement, Principal William Thibeault said the acquisition “is very much in line with our investment emphasis on integrated mixed use development in downtown Boston.”
Biria St. John, executive vice president and partner at CBRE New England, represented Related Beal in the sale.
