Exterior of shopping mall Forest City’s Atlantic Center mall in Brooklyn; the company is also developing Pacific Park, formerly known as Atlantic Yards, in the borough.

CLEVELAND—Forest City Realty Trust Inc. said Monday it’s reviewing its strategic options, including a merger or sale of the company. The Cleveland-based office, residential and retail owner/developer, which began trading as a REIT in January 2016, said there was no guarantee that the review would lead to a transaction of any kind.