David LaRue

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  • Forest City Sells Cleveland’s Halle Building for $20M

    One of Cleveland’s oldest landmark buildings has changed hands. Forest City Enterprises, Inc. announced at the start of December that it has completed the sale of the Halle Building. The property was acquired by affiliates of K&D Management, LLC, for $20 million.

    Cleveland 15 December 2014 04:32
  • Forest City Makes $214M in Dispositions

    As part of its ongoing effort to focus on core properties in central markets, Forest City Enterprises has completed the sale of two properties for $214 million.

    National 05 August 2013 13:32
  • Premier Riverfront Hotel in Pittsburgh Sells for $61M

    Cleveland-based Forest City Enterprises has sold the 399-room Sheraton Station Square hotel in Pittsburgh. Station Square Pittsburgh Hotel LLC, a joint venture between Boston-based Pyramid Hotel Group and an affiliate of Glenmont Capital Management, LLC of New York acquired the asset for $61 million. The Plasencia Group represented the seller in the transaction.

    Pittsburgh 25 July 2013 16:01
  • Retailers Push for Online Sales Tax Collection

    Many in the CRE industry have complained for years that most online purchases are tax free, making it more difficult for traditional bricks-and-mortar retailers to compete.

    National 08 July 2013 20:17
  • Forest City Prez & CEO LaRue Elected ICSC Chairman

    David LaRue, Forest City Enterprises’ president & CEO, has been tapped as the new chairman of the International Council of Shopping Centers for the 2013-2014 term.

    National 23 May 2013 14:46

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