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.
EdgeCore Forms, will Invest $2B in US Data Centers
GIC will act as main anchor investor in EdgeCore Internet Real Estate. The company is targeting six key markets across the U.S. and plans to deploy the first facilities by the end of the year.
JV Purchases 4th Baltimore-Area Asset for $7M
The fully occupied flex/industrial building is located in Howard County, within 20 and 25 miles of central Baltimore and D.C., respectively.
INCA Acquires Arizona Lending Firm, Appoints VP
In his new role at INCA, Phil Sollomi, the principal & founder of Scottsdale Private Lending, will oversee loan origination and underwriting.
MCA Signs New Tenant, Sells 6 in Vegas
The company sold five buildings from Lamb Technology Center with a significant profit, and an additional industrial property was disposed of after the tenant defaulted on its contract.
Atlanta-Area Retail Portfolio Trades for $35M
The four properties are situated across Gwinnett, Henry and Clayton counties and have a combined occupancy of 92.5 percent. Retail Planning Corp. will handle leasing and management.
Origin Lands Financing for $23M Atlanta Office Buy
The property features roughly 80,000 square feet of recently converted creative space as well as a newly built restaurant and café.
Zayo Enters $32M Agreement to Buy Neutral Network
Continuing its buying spree, the company will add more than 2,000 route miles and 150,000 fiber miles to its existing network across the U.S.
Footprint Relocates Production to Gilbert, AZ
The company will occupy building F of Park Lucero Phase II, a 421,000-square-foot industrial development by Trammell Crow and its partner, Artis REIT.
The Philly Met to Reopen, Lands $56M in Financing
After 110 years of history including being on the verge of demolition, a lawsuit and delayed redevelopment, Philadelphia Metropolitan Opera House is scheduled to reopen in late 2018.
Suburban Philly Portfolio Trades for Almost $80M
JLL secured financing for an approximately 640,000-square-foot office portfolio in King of Prussia. The buildings are part of the Renaissance Park corporate center.