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.
Gemini Rosemont Grabs Suburban Seattle Office Park
The three-building, 480,400-square-foot campus last traded in 2004 for $134 million.
Boston-Area Bus Barn Goes from Brown to Green
The WRTA has opened a 150,000-square-foot, environmentally friendly industrial facility in Worcester, Mass.
Two-Tower, 2.4 MSF Project Breaks Ground in SF
Upon completion, Oceanwide Center will feature the second-tallest building in San Francisco.
RLJ Lodging Trust Trims Stake in NYC Hotels
The REIT sold two Manhattan properties for a combined $286 million.
MAA, Post Properties Complete Merger
Headquartered in Memphis, the new company will reportedly be the largest Sun Belt-focused multifamily REIT in the country.
SBE Closes Purchase of Morgans Hotel Group
The transaction, valued at $805 million, more than doubles the number of hotels in the company’s portfolio.
HFF Arranges $84M for Purchase of Metro Orlando Office Park
A Parmenter Realty Partners JV purchased the buildings from a trio of institutional investors, including foreign capital.
S. Korean Fund Invests $79M in Blackstone-Owned Vegas Resort
The 6.7 million-square-foot, 3,000-key Cosmopolitan resort features distinctive twin hotel towers and a 110,000-square-foot casino.
Thor Tops Out Office Tower in Houston
The $125 million luxury mixed-use project also features a 25-story residential tower and 65,000 square feet of retail.
Highland Pellets Opens New Plant Near Little Rock
The $229 million wood-pellet facility in Pine Bluff is slated to produce 600,000 metric tons per year of sustainably harvested wood pellets.