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.
Peak Campus Adds 3,155 Beds to Management Portfolio
Peak Campus Management has been selected as the property manager for a portfolio of five properties totaling 3,155 beds near Florida State University in Tallahassee.
Avison Young’s Miami Office Moving to Coral Gables
Following the announcement barely a month ago that it would join Avison Young, the former Colliers International South Florida a.k.a. Abood Wood-Fay Real Estate Group will be moving into new quarters, in a Class A office-and-retail tower in Coral Gables.
Hudson Pacific Properties to Buy $3.5B Blackstone Office Portfolio
In a stock-and-cash transaction valued at $3.5 billion, Hudson Pacific Properties has agreed to acquire Equity Office Properties’ approximately 8.2 million-square-foot San Francisco Peninsula and Silicon Valley office portfolio from Blackstone Real Estate Partners V and VI.
Clarion, Griffin JV Acquires 533 KSF San Antonio Office Building
A joint venture between Clarion Partners and Griffin Partners has purchased the Bank of America Plaza, a 28-story office building in downtown San Antonio.
CT, Prudential JV to Develop 5 Industrial Buildings in Riverside, Calif.
A new $120 million joint venture between CT Realty and Prudential Real Estate Investors has made its first acquisition, of 13.1 acres of land in Riverside, Calif., where the JV plans to develop five industrial buildings.
Salesforce Purchases San Francisco’s 50 Fremont St. from TIAA-CREF
The tech company that, just a few months ago, signed the largest office lease in San Francisco history has now agreed to what reportedly is the largest occupier deal in the city’s history.
Avison Young to Acquire Colliers Affiliate in Miami
In the latest in its ongoing string of acquisitions, Avison Young will purchase Miami-based CRE brokerage and property management firm Abood Wood-Fay Real Estate Group (doing business as Colliers International South Florida).
CBRE Secures $100M Loan for Netflix HQ in Silicon Valley
The Debt & Structured Finance team of CBRE Capital Markets has secured a $100 million construction loan for The Grove, in Los Gatos, Calif.
Metropolis Investment Holdings Gets $150M Loan for San Francisco Skyline Landmark
JLL’s Capital Markets has secured $150 million in refinancing for 345 California Center in San Francisco’s financial district.
Magellan JV Gets $80M Construction Loan for Miami M-F Tower
A joint venture of Magellan Development Group, Midtown Development and an unidentified institutional investor has secured $80 million in construction financing for Midtown 5, a 24-story luxury apartment tower in Midtown Miami.