San Francisco Ferry Building may soon be up for sale

San Francisco's Ferry Building (AP Photo/Eric Risberg)

July 11, 2012 6:01:05 PM PDT
A San Francisco icon may be up for sale soon.

The Ferry Building is one of nearly 100 buildings nationwide that the private equity firm Blackstone Group LP wants to divest, according to a report today in the Wall Street Journal.

Blackstone has a long-term lease on the Ferry Building which is owned by the Port of San Francisco. Blackstone wants to sell a total of nearly 50 million square feet of office space it owns in order to pay off investors.