San Francisco icon to be sold, closing chapter on giant property buyout
Mon, Jun 12, 2017 - 5:50 AM
With the sale of the Ferry Building (above), along with two other big properties and a handful of smaller holdings, Blackstone stands to triple its US$3.8 billion equity investment, said people familiar with the matter.
PHOTO: SAN FRANCISCO TRAVEL ASSOCIATION
THE largest real estate buyout of all time is set for its final chapter as Blackstone Group LP moves towards selling San Francisco's landmark Ferry Building and two other properties.
The waterfront icon, with its soaring clock tower modelled on the 12th-century Giralda...