Tudor Scolca
Tudor Scolca-Seușan is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.
$1B Nashville Yards Project Lands New Tenant
Southwest Value Partners has leased a large portion of the megadevelopment’s first multi-tenant office tower.
Tesla Announces HQ Move to Austin
Despite the relocation, the EV manufacturer plans to increase its output at the Bay Area factory.
Longfellow Pays $315M for San Diego Business Campus
The property features 1.8 million square feet of life science development potential.
San Francisco Market Update: Office Vacancy Struggles
The rate recently hit its highest point of the year, according to CommercialEdge data.
The Swig Co. Lands $190M Refi for San Francisco Asset
The funds retire a $75 million loan originated by U.S. Bank, according to CommercialEdge data.
Vantage SDC Spends $539M on Silicon Valley Data Center
The deal marks the platform’s first hyperscale data center purchase since its formation in July 2020.
Los Angeles Market Update: Office Pipeline Shrinks
As of August, Los Angeles had 7.9 million square feet of office space under construction, representing 2.8 percent of total stock, according to CommercialEdge data. Construction starts have slowed down, and month-over-month the pipeline shrunk by 3.6 percent. Construction activity is on par with last year’s figures—Los Angeles had 7.9 million square feet under construction in August 2020 as well. With just over 5.9 million square feet of office space that remains slated for a 2021 completion, Los Angeles is bound to outperform 2020’s activity—which saw the addition of 2.3 million square feet of new office space. However, it is…
Consulting Firm Extends Full-Floor Lease at KBS’ East Bay Property
Berkeley Research Group renewed its lease in one of the Bay Area’s most active life sciences markets.
Los Angeles Market Update: Vacancy Increases to Q1 Level
Office leasing activity remains low, with most submarkets recording small changes in vacancy.
ACG Equity Partners Agrees to Pay $775M for San Jose Office
The sale is expected to close in December, when the three buildings come online.
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