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.
JLL Secures $333M in Financing for Zurich North America’s HQ in Suburban Chicago
JLL has secured more than $333 million in financing for the new 11-story, 735,000-square-foot, Class A suburban Chicago headquarters of Zurich North America.
PinPoint to Break Ground on $250 M-U Development Site in Houston
PinPoint Commercial will break ground next week on Woodland Creek, a new 75-acre mixed-use development in The Woodlands, Texas.
Salesforce.com Inks 714 KSF Space, Largest Office Lease in San Francisco History
In the largest office lease in San Francisco’s history, Boston Properties and Hines, co-developers of what will be the U.S.’s tallest office building west of Chicago, have signed Salesforce.com as the tower’s anchor/name tenant.
Sheraton Hotels & Resorts to Open New-Build Hotel, Conference Center in Austin Suburb
A joint venture between Hines and The Novak Bros. will develop a 224-key Sheraton hotel and conference center in Georgetown, Texas, an upscale suburb of Austin.
Harbor Group Affiliate Buys 456-Unit M-F Community in Houston
An affiliate of Harbor Group International has purchased Westchase Creek, a 456-unit multi-family community in Houston’s Westchase District, for an undisclosed sum.
Volkswagen Taps JLL as Exclusive RE Service Provider
Volkswagen Group of America has appointed JLL as its exclusive provider of real estate services, including integrated facility management, transaction management, lease administration, strategic consulting and project management.
Meridian Arranges $200M in Financing for M-U Commercial Property in NYC
Meridian Capital Group has arranged $200 million in acquisition financing for the mixed-use commercial building at 530 Broadway in New York, on behalf of a venture led by Jeff Sutton’s Wharton Properties.
Simon Baron Grabs M-F Property on NYC’s Upper East Side from Nostra for $105M
Simon Baron Development Group has purchased the 13-story, 65-unit apartment building at 12 E. 88th St. in Manhattan from Nostra Realty for $105 million.
Pivotal Group Sells 3,000-Plus Apartments in West Texas
An affiliate of the Pivotal Group has sold a 21-community, 3,128-unit portfolio of Class B apartments in West Texas to the Related Cos.’ Related Real Estate Recovery Fund.