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.
Buchanan Street Partners JV Acquires 193 KSF Office Building in Suburban Denver
Buchanan Street Partners and Lowe Enterprises bought Parkridge, a Class A, six-story office property in a Denver suburb.
Spirit Realty Capital Prices Initial Public Offering
The Scottsdale, Ariz.-based triple-net sector REIT launched an initial public offering Thursday, raising approximately $435 million, mostly to be used to pay off debt.
Wheelock Street Capital Buys 15 Hotels for $221M
Wheelock Street Capital purchased 15 hotels in nine states in two separate transactions for $221 million.
Beech Street Provides $152M Fannie Mae Loan for Maryland Apartment Complex
Beech Street provided a Fannie Mae loan to Archstone for the refinancing of a Maryland multi-family property.
Grosvenor Americas Acquires 360-Unit Seattle-Area Apartment Complex
Grosvenor Americas has bought a 360-unit community in Woodinville, Wash. The company plans to spend about $5 million to upgrade the apartment interiors and other bells and whistles.
Retail Properties of America Closes on 1 MSF Cost Plus Distribution Center for $63M
Retail Properties of America sold a 1 million square-foot distribution center in Stockton, Calif., to American Realty Trust for approximately $63 million.
DDR Corp Buys Tucson Shopping Center for $125.4M
DDR Corp. closed on a regional shopping center in Tucson, Ariz. Wednesday, adding to its collection of shopping centers bought throughout the first part of this year.
Calkain Cos. Opens St. Louis Office to Capture Midwest Market
Calkain Cos. has opened an office in St. Louis, viewing the Midwest as a largely underserved market. The company has tapped broker Teal Henderson from its Tampa office to run the new location.
Harbor Group Spends $131M on Four-Property Multi-Family Portfolio in Nashville
Harbor Group International added a four-property portfolio in Nashville to its multi-family collection. The latest purchase is not the end for HGI, which vows to continue pursuing apartment portfolio buys.
Boston Properties Partners on $385M Virginia Complex
Boston Properties entered into a joint venture to own and operate the Fountain Square complex in the heart of Reston Town Center, a preferred area for office development. The REIT contributed $87 million for half the stake in the properties.