San Francisco developer DivcoWest has sold the Necco Street parking garage in Boston’s Fort Point to Bethesda, Md.-based NewTower Trust Co. for $56 million, less than two years after acquiring the property for $34 million.

DivcoWest acquired the 657-space garage at 10 Necco St. in May 2013. It hired Cushman & Wakefield last year to market the 1.9-acre property.

NewTower is trustee of the Multi-Employer Property Trust (MEPT) real estate equity fund, which had 94 properties with a net asset value of $5.4 billion as of Sept. 30, according to the company’s web site. Bentall Kennedy advised MEPT on the transaction.

A spokeswoman said MEPT executives were not available for comment today about the company’s plans for the property.

Aging parking garages in downtown Boston have been eyed by developers for major redevelopment projects. Boston-based HYM Investment Group received approval from the Boston Redevelopment Authority in 2013 for a six-building redevelopment of the Government Center garage complex, including a 42-story residential tower and 47-story office building. And Boston-based Chiofaro Cos. is seeking BRA approval to build a pair of 615- and 538-foot-tall towers containing housing, a hotel and office space totaling 1.3 million square feet to replace the eight-story Harbor Garage on India Street.

DivcoWest has been aggressively acquiring and selling properties in Boston and other tech-focused office markets. In June, it acquired 71, 77 and 87 Summer St. for $31.5 million in a joint venture with Boston-based Synergy Investments. In August, DivcoWest and Synergy completed the purchase of 38 Chauncy St. for $39.5 million. And in November, the two companies acquired the 152,000-square-foot 55 Summer St. for $48 million.