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.
JLL Secures $48M in CTL Financing
Jones Lang LaSalle’s Capital Markets team has secured $48 million in Credit Tenant Leasing financing from a foreign institutional investor for an industrial and bus maintenance complex in Newark, N.J., owned by Hartz Mountain Industries Inc.
NOLA Mall Receives $70M Outlet Upgrade
The Riverwalk Marketplace along the New Orleans waterfront will be transformed into an upscale outlet center in a $70 million redevelopment that will close the current mall for about a year.
Developers Launch 1 MSF Master-Planned Community in Va.
Downtown One Loudoun will eventually comprise about 1 million square feet of mixed-use development. Phase two will include an upscale hotel, retail and office space and luxury townhomes.
Foreign Capital, Robust Demand Drive Industrial Growth: Jones Lang LaSalle
Other key factors are global supply chain trends, worldwide growth of e-commerce and solid infrastructure, a study contends.
Blackstone Buys 15 Retail Centers from Regency for $321M
Regency Centers Corp. has agreed to sell 15 shopping centers in seven states to an affiliate of Blackstone Real Estate Partners VII for $321 million.
Berkeley Point Capital Names Jim McDevitt President
Berkeley Point Capital L.L.C. has been adding executives to its ranks for the past several months, capping it off this week with the news that CRE finance veteran Jim McDevitt had been named president.
Colliers Adds Birmingham Office
Colliers International continued its expansion with a new Southeast office in Birmingham, Ala. The 15th office added in two years, Colliers Birmingham, formerly Sandner Commercial Real Estate, represents “a significant growth opportunity” for Colliers in the Southeast.
Hyatt Plants More Flags in the Caribbean, India
A Hyatt affiliate will manage a 200-key hotel in St. Kitts as part of the $1 billion Christophe Harbour master-planned community.
Griffin-American Completes $106.7M Acquisition of Medical Office Portfolio
American Healthcare Investors and Griffin Capital Corp., co-sponsors of the Griffin-American Healthcare REIT II Inc., paid $106.7 million for 14 medical office buildings in nine states.
Blackstone Sells DiamondRock Hotels, Wins Stake in Hotel Company
DiamondRock Hospitality Co. has agreed to buy four hotels from The Blackstone Group for $495 million in an off-market deal that also calls for Blackstone to take a $75 million stake in DiamondRock.