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.
Malkin Properties Gets $155M Loan for 2 CA Hotels
The projects in Oceanside will total more than 350 keys. Destination Hotels & Resorts will operate one of the assets, while Joie de Vivre will be in charge of the other.
Salesforce Inks Largest Office Lease in Ireland
The software powerhouse has signed on for 430,000 square feet, a record for office space in Ireland, at Spencer Place in Dublin.
Welcome Group Lands $300M Capital Infusion
The Texas developer will use the funding from an investment vehicle managed by Almanac Realty Investors to reinforce its existing strengths in single-tenant projects, primarily industrial.
Stack Infrastructure to Build TX Data Center Campus
The newly formed company has teamed up with Hillwood to develop a hyperscale facility at the 26,000-acre AllianceTexas master-planned community in north Fort Worth.
Blackstone Set to Launch $20B Property Fund
The investment giant’s plan continues its practice of doing things on a large scale and reflects an active fundraising strategy.
How the Volatile Stock Market Impacts CRE Investment
To understand the current situation, CBRE’s global chief economist highlights two previous economic implosions, which took place under conditions similar to today’s but had substantially different outcomes.
JV Wraps Deal for 1.6 MSF Newark Office Campus
A four-way partnership, with backing from Newark mainstay Prudential, acquired most of New Jersey’s largest transit-hub office campus.
HFF Secures NoVa Office Building Refi
The owner of 7600 Leesburg Pike in Tysons, Va., received a $32 million floating-rate mortgage to both refinance its 2014 acquisition loan and renovate the Class B asset.
Epelboim Completes EVEN Hotel Miami Airport
The 190-key property, the latest in InterContinental Hotels Group’s brand of wellness-focused hotels, is situated near a development that will include a major soccer stadium.
Kilroy Realty Sells LA-Area Office Park for $78M
The 225,000-square-foot campus encompasses two four-story buildings and a two-story building completed in 2000 and 2001. At closing, the asset was 96 percent occupied.