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.
Largest Coldwell Banker Commercial Affiliate Split Up, Sold
In separate deals, First Capital and Colliers International bought CBC Advisors and its 16 nationwide offices, which collectively have more than $4 billion in assets under management and closed more than $2 billion worth of transactions in 2017.
Chicago, Airlines Ink $8.5B Expansion at O’Hare
The deal marks the largest capital expansion in the airport’s history, as well as the first major terminal improvement project in 25 years.
Bay Area Life Sciences Campus Lands $385M Refi
HFF worked on behalf of Phase 3 Real Estate Partners to arrange the refinancing of Genesis North and South Towers, two Class A buildings in South San Francisco, Calif.
Unico Properties Sells Denver CBD High-Rise
Westport Capital Partners purchased the 28-story, 284,600-square-foot building. HFF represented the seller and secured the acquisition loan from ACORE Capital.
JLL Spark Buys CRE Software Company
The San Francisco-based firm purchased a software-as-a-service real estate technology platform that, among other things, lets investors manage their portfolios’ performance.
Blackstone Snaps Up Industrial Portfolio for $359M
FRP Holdings Inc. has agreed to sell 41 properties and two adjacent parcels in the Mid-Atlantic region to an affiliate of Blackstone Real Estate Partners VIII LP.
3 US Cities to Watch in 2018
A new TH Real Estate study draws clear commercial real estate patterns in top metros and looks at leading trends nationwide.
Liberty Property Trust Sells Suburban PA Office Portfolio
The company sold the assets in two separate transactions totaling about 780,000 square feet. The properties are located in Wayne, King of Prussia and Malvern.
Rockwood Capital Buys Bay Area Office Park
NKF Capital Markets represented Invesco in the sale of Growers Square, a three-building, 195,372-square-foot Class A development in downtown Walnut Creek.
AccorHotels Opens Largest Fairmont in US
The 1,048-key Fairmont Austin is sited next to Palm Park and Waller Creek and has direct access to the Austin Convention Center via the Red River Canopy Walk.