Forest City Enterprises, Inc. (Forest City) is engaged in the ownership, development, management and acquisition of commercial and residential real estate and land in 26 states and the District of Columbia. The Company operates in six segments: Commercial Group, Residential Group, Land Development Group, The Brooklyn Nets (The Nets), Arena and Corporate Activities. In August 2013, Forest City Enterprises Inc completed the disposition of the Higbee Building, an 815,000-square-foot office building in downtown Cleveland. In August 2013, Forest City Enterprises Inc completed the sale of the Liberty Center complex in Pittsburgh to a subsidiary of Starwood Capital Group. In January 2014 Forest City Enterprises Inc closed the sale of Orchard Town Center, a 1,043,000-square-foot, open-air regional retail center, to Vestar Orchard Town Center, LLC.