U.S. mall owner General Growth Properties (GGP) has sold Boston-based shopping and dining complex Faneuil Hall Marketplace for $140 million. The deal is one of three sales of non-core assets during the last three months totaling $280 million.
In August, the office and garage components of Westlake Center were sold for $119 million. The Provo-based retail strip center Riverside Plaza was sold for $21 million. GGP has removed nearly $95 million of mortgage-related debt linked with these properties.
Click here for the release from PR Newswire.