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.
Phoenix Property Investors Closes $1.2B Fund
The private equity group closed its third Asian real estate fund at a level significantly exceeding its $900 million target.
Sonnenblick-Eichner Lines Up $55M Refi for LA Assets
The fixed-rate first mortgage financing is secured by three office buildings and a retail property within the Continental Park mixed-use development in El Segundo, Calif.
Hines Fund Makes Berlin Debut With $178M Acquisition
The nine-story Atrium Charlottenburg totals 430,000 square feet of rentable office space.
Brick and Mortar Stays Vital: Colliers
A new report from Colliers underscores the survivability of physical retail stores, but change is required. How will tomorrow’s retail spaces be different from today’s?
Aligned Energy Expands Salt Lake City Data Center
The news closely follows the announcement of a hefty new credit facility that supports Aligned’s growth.
VICI Inks $843M Cleveland Casino Deal
The agreement with Jack Entertainment encompasses gaming properties in downtown Cleveland as well as suburban North Randall.
Meridian Acquires Bay Area Office Building
The purchase of the 100,000-square-foot asset in San Mateo comes as the company ramps up its investment focus in the metro.
Industrial Logistics Properties Scoops Up $350M in Financing
The fixed-rate mortgage is secured by 11 industrial properties totaling about 8 million square feet.
Newmark Knight Frank to Lease Westchester County Office Building
The assignment comes at a time when the county’s office market is seeing a gradual tightening and a lack of new construction.
Kennedy Wilson Lands $300M Equity Investment
The strategic move is in the form of a perpetual preferred equity investment in the company by affiliates of Eldridge Industries.