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.
Bank of America-Leased Campus Sells for $44M in Phoenix
This transaction reportedly was the largest office sale in the market so far this year.
Sterling Organization Closes $600M Retail Real Estate Fund
Grocery-anchored properties are among the intended targets.
Intercontinental, Kennedy Wilson Buy Central Valley Asset for $72M
The facility adjoins an industrial property the partners acquired in 2022.
Diversified Healthcare Trust Closes $120M Mortgage Loan
Secured by part of the REIT’s MOB and life science portfolio, the funds will be used to redeem certain senior notes.
Law Firm Office Leasing Continues to Rise
By at least three metrics, commitments from the legal sector are moving in positive directions.
Prologis Sells Twin Cities Industrial Portfolio for $285M+
EQT Exeter acquired assets totaling more than 5 million square feet.
Stream Opens Uptown Dallas Office Tower
MSD Capital provided $181 million for this project’s construction.
12 MSF Mixed-Use Project Moves Forward
Life science and R&D space will be central to this development on a site adjacent to the FDA’s headquarters.
Street Retail Surges Toward Full Recovery
A return to pre-pandemic foot traffic levels is expected, according to CBRE’s latest report.
Stockbridge Pays $142M for SoCal Industrial Portfolio
Both properties are fully leased to single tenants.