J. Safra Real Estate to acquire Faneuil Hall Marketplace from Ashkenazy Acquisition Corp.
J. Safra Real Estate (JSRE), the real estate arm of the J. Safra Group, has plans to acquire Faneuil Hall Marketplace in Boston. Terms of the acquisition were not disclosed.
JSRE’s acquisition of this signature property from Ashkenazy Acquisition Corp. (AAC) will add to its existing portfolio of high-quality, iconic assets including the Gherkin Building in London and 660 Madison Avenue in New York City.
Faneuil Hall Marketplace has anchored downtown Boston since its construction in 1827, serving as a commercial hub of the city with a continuously vibrant mix of local business and life.
JSRE stated, “Faneuil Hall Marketplace is a tremendous asset and truly the heart of Boston. It is consistent with our real estate portfolio of signature assets. We look forward to working in lockstep with the Bosto