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The Commercial Group is Forest City's largest business unit; its total assets are $6.3 billion. Forest City's commercial properties portfolio includes retail, office buildings, hotels and mixed-use properties – with 90 completed projects and a robust pipeline of projects under construction or development.
The Commercial Group is strategically focused in key 24-hour gateway cities throughout the nation, and is especially active and well-positioned in the East (Boston, New York City and Washington, D.C.) and the West (Denver and Los Angeles). In addition, the Commercial Group has established a presence in London to serve as a platform from which to explore a variety of potential opportunities in key high-growth international markets.
Core Strengths and Competitive Advantages The success of our business is a direct result of our ability to:
- Target densely populated, economically strong markets
- Own and develop large, complex projects of scale and use
- Enter an attractive market with a specific investment opportunity, followed by implementation of a long-term strategy of targeted expansion
- Employ public and private partnerships to achieve our goals
- Maximize the wide-ranging skills of our entrepreneurial, innovative management team
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