Gazit Horizons acquires 62,000 s/f Marketplace Center for $81.8m - retail site on Rose Kennedy Greenway, adjacent to Faneuil Hall

Boston, MA According to Gazit Globe its wholly owned subsidiary, Gazit Horizons, Inc., has acquired Marketplace Center, a 62,000 s/f retail condominium that is located on Rose Kennedy Greenway for $81.8 million. 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. “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.”