With its nationwide portfolio set to be sold in a multibillion-dollar deal, a Cleveland-based real estate firm has farmed out management of some of its Richmond holdings to local brokers after years of keeping it in-house.

Forest City Realty Trust has hired Colliers International | Richmond to oversee its stake of the 11-building Glen Forest Office Park in Henrico County, as well its Edgeworth Office Building at 2100 E. Cary St. in Shockoe Bottom.

Colliers brokers Chris Wallace, Andrew Ferguson, Tim Allison and Jeff Compton will oversee leasing and management of the office properties, which likely soon will come under new ownership, as Forest City has a deal in the works to be acquired for $11.4 billion cash by New York-based Brookfield Asset Management.

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