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.
Cushman & Wakefield to Acquire QSI
The firm’s facility management capabilities and coverage across North America are expected to strengthen with the addition of 50,000-plus qualified suppliers and more than 75 facilities trades.
Development Group Buys Fort Worth Tower
The sale of the historic 185,000-square-foot property caps JLL’s disposition of six downtown office buildings for XTO Energy.
Hampshire Cos. Sells NJ Industrial Building for $51M
HFF handled the sale of the more than 380,000-square-foot property in Totowa, which consists of both older renovated space and a brand-new addition.
Foundry-Turned-Hotel Opens in Blue Ridge Mountains
The latest Curio Collection by Hilton is The Foundry Hotel, an upscale 87-key project in Asheville, N.C. Combining adaptive reuse with new construction, the property will be managed by Charlestowne Hotels.
Berkadia Secures $112M Loan for DC Portfolio
The company arranged construction financing for developer Foulger-Pratt for a self storage property in the NoMa neighborhood and a mixed-use development near Capitol Hill.
How Will Retail Perform This Holiday Season?
A new JLL survey predicts the main trends that will define holiday spending this year, when people may spend as much as 5 percent more than in 2017.
Blockchain’s Implications for CRE
The technology underlying bitcoin and other cryptocurrencies has far-reaching potential to disrupt and transform multiple CRE functions, according to a new Cushman & Wakefield report.
Netflix Preleases Hollywood Office Project
The entertainment giant has leased more than 350,000 square feet at Kilroy Realty’s Academy on Vine mixed-use development. Occupancy is expected to begin in phases in 2020.
Class A Office Breaks Ground in Charlottesville, VA
Insite Properties is developing the 3TWENTY3 project, which has been in the planning stages for several years. The downtown building has already attracted a significant prelease from law firm McGuireWoods.
Trade Wars Are No Obstacle to Industrial Sector—Yet
Nationwide, year-over-year rent growth hit 7.3 percent in the third quarter, according to a new report from Transwestern. A handful of the hottest industrial markets are doing even better.