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.
Cushman & Wakefield Brokers Sale of Industrial Building in NE Pennsylvania
The firm’s National Industrial Advisory Group represented the seller in the $30 million sale of a 700,000-square-foot building just outside Scranton.
Duke Realty Breaks Ground on 1.2 MSF Distribution Facility
The speculative project in the Inland Empire pushes the company’s development starts in Southern California past $1 billion.
Buchanan Street Partners Moves Into Self Storage
With a new platform and plans to deploy as much as $500 million in the next five years, the company has also brought in an executive with substantial experience in the sector.
Gaming and Leisure Properties to Buy 2 Casinos for $484M
The three-party deal will involve the purchases of both an Indiana casino from Caesars Entertainment and a Delaware casino from Twin River Worldwide Holdings, with both properties to be leased to Twin River.
Manchester Financial Group Lands $212M for Navy HQ
The term loan replaces the construction financing on the newly completed office tower, which is part of a 3 million-square-foot mixed-use development on the San Diego waterfront.
CRE’s Bid-Ask Spread Widens: Moody’s
As buyers and sellers approach deals from widely divergent valuation standpoints, transaction velocity is stalling.
Iron Mountain Extends Global Connectivity
The company’s partnership with global IP connectivity supplier Telia Carrier makes its data center platform even more valuable to customers.
Cushman & Wakefield to Lease 2 Atlanta Office Towers
Working on behalf of Building and Land Technology and Regent Partners, the firm will oversee leasing at Concourse Corporate Center V and VI, known locally as the “King and Queen” buildings.
CBRE Fund Buys Industrial Portfolio for $111M
NAI Hiffman brokered the sale of the properties, which are located in suburban Chicago and Phoenix.
PineBridge Investments to Acquire Benson Elliot Capital Management
The acquisition will add substantial European expertise and a diversified slate of investments to the asset manager’s capabilities.