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.
Slate Retail REIT Nails Down $858M Refi
The debt refinancing package will help the grocery-anchored investment specialist capitalize on a robust pipeline of acquisition opportunities.
Americold Goes South for Latest Acquisition
Under a joint venture, the company has agreed to purchase a 15 percent stake in a leading Brazilian cold storage operator.
Bixby Land Grows Georgia Industrial Presence
The company purchased two recently completed facilities totaling more than 400,000 square feet.
Cara Buys Central London Building for $93M
The firm acquired a Waterloo Place mixed-use asset at a time when values might be hitting a transition point.
Shorenstein Sells Pair of Silicon Valley Office Towers
The two buildings total more than 400,000 square feet and were purchased by a global asset management firm for approximately $195 million.
Digital Realty Consolidates Ownership of Seattle High-Rise Data Center
The REIT will own 99 percent of the main telecommunications hub and carrier hotel for the Pacific Northwest.
TIAA Sells Stake in European Office Venture for $682M
CBRE Global Investment Partners purchased the 25 percent interest in the Cityhold Office Partnership, which owns a $2.7 billion portfolio in several European markets.
Global Hotel Investment Trends to Watch
A new report from JLL notes that while a certain amount of optimism remains, several factors will likely prevent 2020 from being as strong for hotel investment as last year.
New NAIOP Report Tallies CRE’s Contribution to US Economy
NAIOP’s annual deep dive into the commercial real estate’s impact on jobs, GDP, construction and more.
Denver City Center Gets New Owner
Shorenstein Properties sold the two-building downtown development after holding the property for seven years.