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.
Calida Grows Vegas Portfolio With 180 Units
New ownership will use part of the loan received from PCCP LLC to renovate the community. Hampton Garden is located in the Summerlin/Spring Valley area, a top-performing submarket.
First Data Signs 50 KSF Lease in Marietta, GA
The 253,096-square-foot office property was acquired by Zamir Equities in 2008 and received a complete cosmetic renovation. Other tenants include Quintiles and Everest.
Facebook Sets Foot in Newton County, GA
The new project, slated for a 2020 completion, will be situated within the master-planned Stanton Springs industrial park. The property offers easy access to Interstate 20 and Atlanta.
Phoenix-Area Retail Center Trades for $22M
The 118,377-square-foot property located in Glendale is 97 percent leased, with Walmart as main anchor. Lee & Associates Arizona represented both the seller and the buyer.
DiamondRock Grows Western Hotel Portfolio
The 242-key hotel first opened its doors in 2012, and is situated in downtown Phoenix, within the 1.2 million-square-foot CityScape mixed-use high-rise.
Woodmont Buys 519 KSF Atlanta-Area Asset
The storage and distribution facility, which last traded in 2014, underwent cosmetic renovations and was almost 50 percent leased at the time of sale.
QTS Lands Tenant for 24MW in Virginia
In addition to signing a new client, QTS Realty Trust purchased a 61-acre plot adjacent to the facility, which will eventually be developed alongside existing infrastructure.
Aligned Energy Expands Phoenix Facility
The company will add 60 megawatts with its 200,000-square-foot expansion. The colocation data center is a Tier III facility which already delivers a total of 120 megawatts to tenants.
Stantec Promotes 6 in Philadelphia Office
The company’s multidisciplinary office will be under new leadership in several departments, with the promotion of multiple industry veterans.
Berkeley Partners Buys $14M DC-Area Asset
Previous ownership acquired a completely vacant building in 2013 and invested more than $4 million in renovations and various upgrades.