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Forest City hires CBRE to sell Pittsburgh properties

FCY $24.76 +$0.10

CBG $20.16 -$0.20

at close on THURSDAY

Thursday, Jan. 3, 2013, 12:58 p.m.
 

Nearly a year after announcing it would consider offers to sell Station Square and Liberty Center in Pittsburgh, Forest City Enterprises Inc. has hired Jeffrey Ackerman of CBRE Inc. to market both properties.

Not included in a potential sale are the 399-room Sheraton Station Square hotel on the South Side or the Mall at Robinson in Robinson, said Jeff Linton, spokesman for Cleveland-based Forest City.

“We have received considerable interest in the properties, both from local sources as well as from national investor groups and developers,” said Ackerman of CBRE's Pittsburgh office.

No price has been placed on either property, nor is there a deadline set for offers, Ackerman said.

 

 
 


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