TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

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.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. More companies embrace exchanges to curb health care costs
  2. Hospitals turning to technology to tear down language barriers with patients
  3. Apple reaps some benefit from Microsoft deal with NFL
  4. Getting into executive pipeline may require schmoozing
  5. Families, friends become lenders of last resort for homebuyers
  6. MarksJarvis: Benefits, not just pay, hit the skids
  7. Komando: It’s possible to keep your info safe online
  8. Retailers begin efforts early to woo holiday shoppers
  9. Astronauts on space station to get 3-D printer
  10. Investors urged to handle Indian stock fund with care
  11. Chemical used for freshness leaves EU with little appetite for U.S. apples
Subscribe today! Click here for our subscription offers.