Scott Baltic
Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect’s Newspaper. He earned a master’s in journalism from Northwestern University’s Medill School of Journalism and has a bachelor’s from North Park University.
Swift Real Estate Partners Strikes $56M Deal in San Jose
The company is the new owner of a two-building office campus. CBRE both represented the seller and arranged acquisition financing.
Simon Property Boosts Credit Revolver to $6B
The company’s move comes in the context of a very active first quarter for both acquisitions and development.
CIT Bank, BlackRock Originate $163M Loan Package for Industrial Portfolio
The Arden Group used the financing to assemble a 2.1 million-square-foot, 12-property portfolio across multiple states.
Gaedeke Group’s $200M Wall Street Deal
The company bought a 1920s-vintage Class A office tower in Lower Manhattan, its first acquisition in New York City.
Finmarc Management Acquires Maryland Corporate Park
The 11-building Frederick Corporate Park comprises 440,000 square feet of office and flex space.
Rexford Industrial’s $203M Buying Spree in Southern California
The company purchased a 10-building collection of properties in several cities.
Nuveen Industrial Fund Raises $660M
The company has announced the first close of its U.S. Cities Industrial Fund, after participating in the purchase of a 100-building portfolio from Blackstone last year.
Former General Motors Plant Trades in Upstate New York
A trust created in the aftermath of the company’s bankruptcy has sold the property in metro Syracuse, N.Y., to a local owner-operator of industrial properties.
Trammell Crow Completes Los Angeles MOB
The new facility is the first structure developed as part of the $1 billion-plus transformation of the Martin Luther King Community Hospital.
Target Inks Lease at Manhattan’s Union Square
The retail giant leased some 33,000 square feet in a mixed-use, all-condominium building owned by Empire State Realty Trust.