Marketplace Center in Faneuil Hall Trades to Gazit Horizon for $81.8M
April 24, 2019 - By The Real Reporter
Marketplace, Faneuil Hall, Boston MA
BOSTON–Gazit Globe (TASE: GZT), a leading global real estate company with ownership of shopping centers and mixed-use properties has quickly added to its newly purchased Boston portfolio, announcing that its wholly-owned subsidiary, Gazit Horizons, Inc., has bought Marketplace Center, the 62,0000 square foot retail condominium positioned directly on the Rose Kennedy Greenway for $81,800,000. Adjacent to Faneuil Hall Marketplace, the building is 100% leased to a mix of retail and office tenants, including Banana Republic, LOFT, and American Eagle.
“Marketplace Center sits at a highly valued intersection of public space and mass transit, and benefits from tremendous pedestrian traffic and visibility,” said Jeff Mooallem, CEO of Gazit Horizons, in a prepared statement. “We are very excited to be stewards of this prominent location along the Greenway and look forward to continuing to grow our portfolio in Boston.”
As first reported in December by Real Reporter (see story here) Gazit has been making quick inroads to the Boston market with a $24 million spending-spree of mixed-use assets on Newbury Street along with an iconic Harvard Square purchase.
-
160 Seabury Street, Fall River MA
April 19, 2024
Full Story
Real Briefs
Hajjar Secures $10.6M from Rockland Trust to Convert Former Fall Church into 46-MR Units
April 19, 2024
Fall River — Hajjar Management secured $10.6 million in financing from Rockland Trust for the redevelopment of the 151-year-old
-
820-828 Blue Hill Ave, Dorchester MA
April 08, 2024
Full Story
Real Briefs
M&M’s Griffith/Pepdjonovic Sell 20-Unit Dorchester Multifamily for $5.296 Million
April 08, 2024
Boston – Evan Griffith and Tony Pepdjonovic of Marcus & Millichap’s Griffith Pepdjonovic Group completed the sale of a 20-unit m
-
364 Littleton Street, Westford MA
April 05, 2024
Full Story
Real Briefs
Parent Company of 110 Grill Sells 28,500 SF Industrial Flex in Westford
April 05, 2024
Westford — ABG Commercial Realty facilitated the successful sale of 364 Littleton Rd, Westford, MA for $5.1 million. ABG's Berna
-
355 Littleton Road, Westford MA
April 02, 2024
Full Story
Real Briefs
ABG Inks Design/Build Firm to 3,000 SF Westford Retail Lease
April 02, 2024
Westford — Bernard Gibbons, Senior Vice President of ABG Commercial Realty, successfully facilitated a 3,000-square-foot retail
-
179 Lincoln Street, Boston MA
March 25, 2024
Full Story
Real Briefs
Greaney/Synergy Continue Buying Boston With Historic Beaux-Arts, Class-A 179 Lincoln
March 25, 2024
Boston — Fresh off tying up two Downtown class-A office buildings at 410 Atlantic Ave and 101 Arch Street (first reported on The