Cambridge’s 25 First St. building sold

Price per square foot exceeds $315

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The Davenport, a 220,000-square-foot office building in Cambridge, Mass., has been sold for $69.4 million. 25 First LLC purchased the class A, brick-and-beam property at 25 First St. from Davenport Limited Partnership. Built in 1860, The Davenport is a four-story structure originally constructed to house the Davenport/Irving Casson furniture factory. The property is listed on the National Historic Register and underwent extensive renovations in 1987; it has been institutionally maintained ever since, according to a press statement. ...