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.
CTO Realty Growth Buys Tampa Office Building
As part of a 1031 exchange, the company purchased a 120,000-square-foot Class A property that has been fully leased to Ford Motor Credit since 1998.
Industrial Real Estate Faces Short-Term Decline in NAIOP Report
The resilience that e-commerce offers the industrial market is unlikely to overcome the powerful headwinds of a recessionary economy, according to the latest quarterly forecast from NAIOP.
EQT Infrastructure to Acquire EdgeConneX
An investor group led by Providence Equity Partners is selling the global data center provider, which has a presence on three continents and specializes in hyperscale and edge assets.
Washington Prime Group Secures Amendments to Its Credit Facilities
Pressed like its retail sector peers by COVID-19 fallout, the company arranged covenant relief through the third quarter of next year.
Top 10 Workplace Trends for 2020, According to JLL
The latest edition of JLL’s study points toward COVID-19 as an overriding factor behind much of what’s shaping corporate real estate strategies this year.
First Hyatt Place in Ontario Opens
The 123-key hotel in the Toronto suburb of Mississauga is the latest step in Hyatt’s brand expansion in Canada.
IAC Makes $1B Investment in Casino Giant MGM Resorts
Counting on the potential of online gaming, the media and technology holding company acquired a 12 percent stake in MGM Resorts International.
Duke Realty Backfills Metro Nashville Logistics Building
With the signing of a new lease just north of 200,000 square feet, the developer’s facility in Lebanon, Tenn., has reached full occupancy.
JV Lands Funding for 1 MSF Dallas-Area Logistics Project
Bandera Ventures has teamed up with Invesco Real Estate to build a spec industrial development in Fort Worth, Texas.
Keeping Hospitality Alive During a Pandemic
Hotels and motels have been walloped harder than most property types by the COVID-19 pandemic. Still, there are signs that recovery might be underway.