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.
Element Critical’s Chicago Data Centers Land $72M Refi
The two facilities, which last traded in 2019, were originally constructed in 1982.
TA Realty Sells Bay Area R&D Assets
The two properties last traded in 2018, as part of a portfolio transaction.
Facebook-Leased Campus Scores $750M Refi
The recently completed Bay Area complex is the home of Oculus Rift, the social media giant’s virtual reality arm.
Rising Realty, Fortress Sell $79M Calabasas Office Asset
While transactions took a hit lately, metro L.A. properties with a healthy mix of long-term tenants continue to attract capital.
DC BLOX Breaks Ground in Greenville, SC
The initial phase is slated to bring five high-paying jobs, while the long-term investment in the facility is expected to reach $200 million.
GSA Inks $80M Lease With Parallel Capital in Long Beach
The renewal includes more than 140,000 square feet at a LEED Gold-certified property.
Industrious, Granite to Open First Newport Beach Office
The new location marks the company’s fifth flexible workspace area in Orange County.
Intercontinental Realty Corp. Pays $74M for Amazon Warehouse
The company has closed on its first industrial acquisition in Los Angeles County.
DAUM Closes 82 KSF Lease in Tight Santa Monica Market
The tenant is planning extensive renovations, including the addition of an EV charging station.
RK Logistics Leases 410 KSF in the Bay Area
The owners of the two Newark properties are Link Logistics and Overton Moore Properties.