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.
Alcoa To Sell Arkansas Hazardous-Waste Facility
Under the agreement, the company will receive $200 million in cash at closing, plus a further $50 million if certain post-closing conditions are met.
Net-Leased Supermarket Portfolio Trades for $150M
Winstanley Enterprises and Surrey Equities acquired 23 NNN grocery assets on the East Coast.
Skanska Sells DC Office Building for $163M
The 234,00-square-foot property in the Capitol Riverfront submarket opened only last year.
Boston Tower Gets New Owner in $482M Deal
An affiliate of Clarion Partners purchased the 500,000-square-foot property in the Seaport District’s Fan Pier development.
Hines Global’s Got Royal Mail in Scotland
The $32.7 million purchase of the sorting warehouse in Edinburgh marks the trust’s third investment in U.K. logistics properties this year.
Kilroy Realty Inks Major Lease in San Diego
A large tech firm has agreed to occupy the upcoming 9455 TCD development in the metro’s University Towne Centre submarket.
Macerich Lands $540M Refi for Kings Plaza in Brooklyn
The company has aggressively updated and re-tenanted the 1 million-square-foot regional center since it purchased the property in 2012.
Skanska Sells Share in Houston Office High-Rise
In a deal worth $373 million, an affiliate of Beacon Capital Partners purchased a 90 percent interest in the 35-story Bank of America Tower.
BioMed Welcomes Biotech Powerhouse at Bay Area Campus
Amgen has signed for 240,000 square feet at the Gateway of Pacific life sciences development in South San Francisco.
JLL Trust Buys Metro Phoenix Distribution Center
The Class A industrial property in Chandler, Ariz., changed ownership for $31 million.