SAN BRUNO, CA-Forest City Enterprises Inc. has recently been awarded two retail property and leasing management contracts. The contracts are for the Shops at Tanforan, a 973,520-square-foot regional enclosed mall in San Bruno, CA and Town Square Las Vegas, a 100-acre, open-air center with mix of retail, restaurant and entertainment tenants, as well as class-A office space, in Las Vegas.
Forest City will provide property management and leasing management services at both centers. In addition to these assignments, Forest City also provides third-party property and leasing management services for the 1.7 million-square-foot Southlands mixed-use lifestyle center in southeast Denver.
“We’re honored to have been selected for these assignments, which are a testament to the strength and reputation of our retail management and leasing teams,” says David LaRue, Forest City executive vice president and COO. “As conditions continue to improve in retail, property owners, including financial institutions, are looking for opportunities to protect and enhance asset values.”
LaRue continues that “by applying Forest City's experience and core strengths to projects like these, we're able to help owners preserve and grow value over the long term.” Assignments like these, he says, “also leverage our capabilities and pool of talent, help nurture new, long-term relationships, and generate fee income for Forest City.”
Forest City would not provide GlobeSt.com with any further information at this time.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
