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.
Columbia Property Sells 4 MSF Office Portfolio to Griffin Capital
For Columbia Property Trust, the $521 million sale of an 18-property office portfolio is part of its strategy to refocus on major markets. For Griffin Capital Essential REIT, which acquired the 4 million-square-foot portfolio, it nearly doubles the REIT’s holdings.
Investcorp Acquires Office, Retail Assets Worth $250M
Investcorp, a global provider and manager of alternative investment products, continues an active year with the acquisition of office and retail assets in the greater Chicago, Los Angeles, Minneapolis and New York areas valued at $250 million.
Council Approves Plans to Build First NYC Outlet Mall, NY Wheel
Staten Island’s North Shore will become home to the world’s tallest Ferris wheel and a $260 million outlet center now that the New York City Council has approved the project expected to become an instant tourist attraction and landmark on New York Harbor and the city’s skyline.
Hines, Goldman Partner with Pontiac Land on High-Profile NYC Condo Development
Backed by $860 million in construction financing from a consortium of Asian bankers, a high-profile luxury condominium project planned for 53 W. 53rd St. next to the Museum of Modern Art, is moving forward after stalling during the recession.
Industry Veteran Gale Joins Mack Real Estate Group
Saying it was a job he couldn’t pass up, commercial real estate veteran Barden Gale has joined Mack Real Estate Group as vice chairman & member of its investment committee as the firm expands its senior team to handle increased activity in the U.S. and abroad.
ARCP-Cole Deal Questioned by Shareholder Law Firms
Securities attorneys across the U.S. said Thursday they were investigating the proposed $11.2 billion merger agreement between Cole Real Estate Investments and American Realty Capital to see if it was fair to Cole shareholders.
In-Depth Look into ARCP/Cole Merger
Two former competitors will become the world’s largest net-lease REIT, worth about $21 billion, as American Realty Capital Properties acquires Cole Real Estate Investments in an “epic transaction” for $11 billion.
TMT Development Restarts Portland Tower After 5-Year Hiatus
The $175 million Park Avenue West Tower will incorporate residential, office and retail components and is pre-certified LEED Platinum.
