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.
Commercial Construction Could Be Rebounding: US Chamber
The new Commercial Construction Index from the U.S. Chamber of Commerce is still far below the first quarter.
Aligned Closes $1B Credit Facility—With Green Strings Attached
The terms of the facility are pegged to the data center provider’s performance on sustainability metrics.
Stein Mart Leases Disposition Begins
A&G Real Estate Partners is marketing leases for 280 stores, along with distribution and office space, as part of the discount retail chain’s bankruptcy.
Plymouth Industrial Expands Portfolio With $51M Buy
The REIT’s purchase of more than 850,000 square feet strengthens its presence in St. Louis and Jacksonville, Fla.
SIOR: More CRE Transactions Stay on Schedule
The latest survey from the Society of Industrial and Office Realtors finds the percentages of transactions on hold or subject to third-party delays have declined since spring.
Record-Setting Houston Industrial Project Gets Underway
Hunt Southwest Real Estate Development is building the 1 million-square-foot project to meet the requirements of large e-commerce users.
Construction Disruptions Compounded by Workforce Issues: AGC Survey
A new survey from the Associated General Contractors of America finds that more than half of general contractors have seen a project postponed or cancelled because of COVID-19.
Raleigh-Area Wegmans Property Sells for $35M
Realty Income Corp. acquired the retail asset in Cary, N.C., from an affiliate of LeylandAlliance.
Rizk Ventures Launches Self Storage Platform
SpareBox Storage has made its first purchase and secured an acquisition facility of as much as $500 million through JPMorgan Chase Bank.
Goldman Sachs Invests in Last-Mile Specialist
Elion Partners is the recipient of a strategic investment from the firm’s Vintage Real Estate Partners II fund for a vehicle that largely focuses on logistics assets.