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.
Mirae Asset Global Investments Closes $69M Refi
JLL Capital Markets arranged the loan for a 12-story office building in downtown Washington, D.C.
AmeriPort in Metro Houston Lands New Tenant
The owner of the 1,000-acre-plus industrial park in Baytown, Texas, has signed A&R Logistics to a lease for 133,333 square feet.
EverWest Real Estate Closes Sale-Leaseback Deal
In a $37 million off-market transaction, the company acquired a fully occupied Class A industrial property in Corona, Calif.
Mohr Capital Breaks Ground on 1 MSF Facility in Indianapolis
The $50 million-plus warehouse/distribution center for Cooper Tires is slated to become operational by the first quarter of next year.
Largo Group Arranges $83M Funding for Retail Portfolio
The 10-year permanent financing is for a multi-state portfolio of grocery-anchored retail centers.
Barings Grows Swedish Logistics Portfolio
The $104 million sale-leaseback expands the company’s European logistics holdings by four buildings and 1.3 million square feet.
Food Lion to Buy 62 Stores in the Southeast
The acquisition will encompass 62 supermarkets across the Carolinas and Georgia now carrying the BI-LO or Harveys banners, as well as a distribution center in South Carolina.
Charlestowne to Manage All of Thrash Group’s Hotels
In its biggest-ever expansion of the management platform, the company will assume responsibility for 10 hotels, totaling more than 1,200 keys.
Office Space Demand to Decrease, NAIOP Predicts
In a just-released forecast, NAIOP predicts net negative U.S. office market absorption for the next four quarters.
KKR Lines Up $1B for European Data Center Platform
The new entity will have an estimated $2.5 billion, including leverage, to develop and operate data centers for technology clients across the continent.