Jeffrey Linton, a spokesman for Cleveland-based Forest City Enterprises, tells the Pittsburgh Post-Gazette ( http://bit.ly/1iJx0TN) that the company "tested the waters" but didn't find a buyer willing to pay what the owners think Station Square is worth.
Station Square is a dining, office and entertainment complex based on 52 acres that included the former Pittsburgh & Lake Erie railroad terminal along the Monongahela River.
Forest City bought the complex in 1994. In 2002, the group also bought the nearby Sheraton Hotel, which it expanded, while also spending $25 million to upgrade other areas which now house a Hard Rock Cafe, Bar Louie and Joe's Crab Shack.
Information from: Pittsburgh Post-Gazette, http://www.post-gazette.com