Projo 7 to 7 News Blog

BOSTON -- One of Boston's most popular tourist destinations is on the block.

General Growth Properties Inc., the Chicago-based operator of Faneuil Hall Marketplace, has confirmed it is seeking a buyer for the downtown shopping area as part of a plan to pay off debt.

New York brokerage DTZ Rockwood LLC said it has been retained to market GGP's Festival Marketplace portfolio, which includes the Boston mall, Baltimore's Harborplace & The Gallery and New York's South Street Seaport.

Faneuil Hall Marketplace, which consists of three large buildings adjacent to historic Faneuil Hall, has been a gathering spot in Boston for more than 250 years and currently includes nearly 200,000 square feet of retail space.

General Growth leased the buildings from the city in 2004.

-- The Associated Press

 Tags  Boston

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