Gail Kalinoski
Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor’s degree in journalism from Pace University.
Eastern Kentucky Lands $1.3B Aluminum Plant
The 2.5 million-square-foot facility is slated to break ground in early 2018. The Ashland area beat out 23 other potential locations.
Panama Canal Expansion Lifts Coastal Markets: JLL
The $5 billion development has provided a boost to the nation’s ports, where vacancy rates for industrial space are at record lows and rents are climbing, according to a new JLL report that notes the majority of new construction will be at East Coast and West Coast seaports.
US Industrial Vacancy at Record Lows: Marcus & Millichap
Markets across the United States are seeing continued demand from businesses seeking to expand warehouse and distribution space, particularly for those urban last-mile locations desired by e-commerce tenants.
Marriott Unveils New $600M HQ, Flagship Hotel
After a two-year search, the hotel chain has finally found a new home with the help of JLL. The campus—developed by Bernstein and Boston Properties—will be located in downtown Bethesda, Md.
Allianz Secures Naming Rights for MLS Stadium
The owners of the Minnesota United FC soccer team have chosen the global life insurance giant—which has local roots in the state—as the sponsor for the new $200 million arena in St. Paul.
Vornado Completes $500M NYC Refi
The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It’s the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.
Billingsley Lands $110M in Dallas Office Refi
HFF secured the three-year loan through Ares Commercial Real Estate Corp. The seven buildings are located in Plano and Carrollton.
Vornado Completes DC Spin-Off, JBG Smith Begins Trading
The resulting company has an operating portfolio of about 20 million square feet. The firm also has a pipeline of roughly 18.3 million square feet of potential development density.
Xebec Targets E-Commerce Assets in Key Markets
HFF has secured a $46 million loan on behalf of the company’s first industrial portfolio, which includes warehouse buildings in Los Angeles and Chicago.
S. Korean Investment Firm Buys NASA HQ in DC
Two Independence Square, the largest asset in Piedmont Office Realty’s portfolio, sold for $360 million, or $593 per square foot.