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.
Lincoln Property Starts 2.5 MSF Phase of Phoenix-Area Project
Phase one of the industrial park sold for a record price.
TerraCap Management Inks 50 KSF Lease at Suburban Atlanta Campus
The office park is located in an Opportunity Zone that provides a tax credit for job creation.
Bristol Myers Squibb Takes 427 KSF at San Diego Campus
The lease is the second-largest ever for Alexandria Real Estate Equities.
ILPT Completes $4B Acquisition of Monmouth Real Estate Investment
At the same time, the REIT launched a joint venture for 95 former Monmouth properties.
Paramount Group Receives Unsolicited Buyout Offer
The proposal from Monarch Alternative Capital is under consideration by Paramount’s board.
Veris Lands Large Lease in Jersey City
This is reportedly the largest such deal in the city since late 2020.
Kohler Co. to Build Phoenix-Area Manufacturing Facility
Upon completion, the project is set to create 400 full-time jobs.
JV Wraps Up $155M Mixed-Use Project in Dallas
This redevelopment of a vintage retail property features 250,000 square feet of Class A office space.
Hines Fund Reaches $1.4B in Investor Commitments
Since the fund’s launch last year, Hines U.S. Property Partners has raised an additional $600 million in equity.
Investcorp Acquires $640M Industrial Portfolio
The properties are located primarily in seven top markets.