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.
Thor Equities Closes on Manhattan’s 685 Fifth Ave.
Thor Equities has closed on its purchase of 685 Fifth Ave., at the corner of Fifth Avenue and 54th Street in Manhattan.
Goodman Birtcher to Develop $350M Industrial Logistics Center in Linden, NJ
Goodman Birtcher has received entitlement approvals for Goodman Logistics Center Linden, a proposed $350 million logistics center in Linden, N.J.
PM Realty Group Expands Services, Adds Trujillo, Gilpin
PM Realty Group has grown its Washington, D.C., landlord agency representation staff by hiring Eduardo Trujillo as senior vice president of leasing and Andrew Gilpin as a senior leasing associate.
NJ’s Revel Casino Files for Second Bankruptcy
The long-troubled Revel Casino Hotel in Atlantic City, N.J., will evidently be sold, now that its owner, Revel AC Inc., the parent company of Revel Entertainment Group, and certain of the former’s subsidiaries have filed for Chapter 11.
Lights! Camera! Blueprints! Kilroy Unveils Plans for M-U Campus in Hollywood
Kilroy Realty Corp. took a step forward with its $250 million to $300 million project in Hollywood by unveiling plans on Thursday for a four-building, 475,000-square-foot “creative media mixed-use office campus.”
LaSalle Hotel Properties Wraps $93M Sale of Hilton Alexandria Old Town
The Bethesda-based REIT, which announced the sale earlier this month, acquired the 246-key hotel in 2004 for $59 million.
Colliers Acquires Leading Property Specialist in London
FirstService Corp. subsidiary Colliers International has acquired H2SO Property Consultants, one of London’s leading independent commercial property specialists.
Overton Moore Buys 18 Acres of Industrial Land in Pomona, Calif.
Overton Moore Properties has acquired 18 acres of industrial land in Pomona, Calif., and immediately begun construction on a 240,000-square-foot Class A build-to-suit industrial property.
Greystar Closes on $800M Multifamily Acquisition Fund
Greystar Real Estate Partners has closed its Greystar Equity Partners VIII, a discretionary commingled fund focused on the acquisition of value-add multi-family assets in the United States.
Marcus & Millichap Sells 8-Property Self-Storage Portfolio for $91M
An eight-property portfolio of Best Florida Storage locations in Broward County, Fla., totaling 854,800 rentable square feet has sold for $91 million, or $106 per square foot.