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.
Montana Property JV to Develop $400M M-U Project Near New 49ers Stadium
A joint venture of Montana Property Group and Lowe Enterprises has unveiled plans for Santa Clara Centennial Gateway, a $400 million, 860,000-square-foot, entertainment-themed, mixed-use development on a 9.5-acre downtown site owned by the city of Santa Clara, Calif.
Clarion Acquires 173 KSF Office Building in Boston for $121M
Clarion Partners has purchased a six-story, 173,439-square-foot office building in Brookline, Mass. for $121 million.
Cvent Leases 130 KSF in Tysons Corner, Va.
Cvent, a leading maker of event-management software, will take about 130,000 square feet of space at Greensboro Station, a Tysons Corner, Va., office campus.
SunGard Appoints NGKF Global as CRE Advisor
NGKF will manage real estate transactions for all of SunGard AS’s facilities, including sales offices, operations centers and data center expansions in the United States and Canada, and will also provide global lease administration.
Sperry Van Ness, DealPoint Merrill Form Strategic Alliance
Through a new strategic alliance with DealPoint Merrill, Sperry Van Ness International Corp. will be expanding its national equities platform.
Grosvenor Buys 11 Office Buildings in Seattle Suburb for $167M
Grosvenor Americas acquired a group of 11 Class A office buildings in Bothell, Wash., a Seattle suburb, from owner/developer Schnitzer West for $167 million.
Brandywine, Shooshan Co. JV to Develop 427 KSF Office Building in Arlington, Va.
Brandywine Realty Trust and an affiliate of The Shooshan Co. have formed a joint venture to build a 426,900-square-foot office building in Arlington’s Ballston submarket.
German Investor Sells Apple, Bulgari Stores in San Francisco for $160M
Two retail assets in San Francisco’s Union Square district, the Apple store at One Stockton Street and the Bulgari store at One Union Square, have been sold by German investor Deka Immobilien to an unidentified U.S.-based private investor for a total consideration of $160 million.
Weingarten Acquires 350 KSF Shopping Center in Austin
Weingarten Realty Investors has acquired Mueller Regional Retail Center, a 350,000-square-foot power center adjacent to I-35 in Austin.