Forest City Realty Trust
ICP Expands Leadership Team
Bill Kern will serve as executive vice president and Andy Hill will hold the position of senior vice president of finance. Both are experienced professionals with degrees in economic and finance.
Brookfield Completes $11.4B Purchase of Forest City
With the all-cash acquisition of the century-old investor and developer, the company adds a diversified portfolio of assets.
Consolidated-Tomoka Snags 210 KSF Albuquerque Office Property
The asset, fully leased to an affiliate of Fidelity Investments, is located within Mesa del Sol, a 12,900-acre mixed-use master-planned community.
Forest City’s Cleveland HQ Is Complete
Vocon designed the 110,000-square-foot downtown office that the real estate company leased last year, allowing the tenant to reduce its footprint by 40 percent.
Brookfield to Buy Forest City in $11.4B Deal
Scheduled to close during the fourth quarter, the deal would expand Brookfield’s holdings in multiple property types and cap Forest City’s lengthy makeover strategy.
Forest City Aims High at Energy Targets
The REIT’s director of corporate responsibility and sustainability sheds light on its participation in a new global initiative.
Forest City JV Buys $300M Stake in Cambridge Assets
The properties include 486,000 square feet of predominantly life sciences office space, in addition to a parking facility and commercial space.
Forest City Sells Pittsburgh Mall
The nearly 900,000-square-foot regional mall is part of a larger, 10-property retail portfolio, as the firm continues to shed its shopping center assets.
Forest City Sheds 1.2 MSF Shopping Mall
The company sold the Los Angeles-area asset to QIC as part of a 10-mall portfolio transaction expected to close this year.
Forest City Initiates Major Retail Selloff
Once the Madison International Realty and QIC transactions are completed, Forest City will have exited from substantially all of the shopping center-based retail in its portfolio.