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.
Cress Capital Buys $25M Denver Office
Union Tower is situated in a highly amenitized neighborhood. Before being sold, its previous owner, TA Realty, initiated a renovation plan, which the new owner will resume.
Flexential Adds 100 KSF to OR Facility
The Brookwood data center in Hillsboro, Ore. will total approximately 220,000 square feet. The site has been chosen as the U.S. point of presence for two submarine fiber cables.
SkyWalker Buys DFW Data Center, Plans Upgrade
The facility at 6001 Campus Circle Drive West features a mix of data raised floor space and office space. The new owner plans to improve the location and attract a single tenant for the entire data center.
Great Hearts to Open New Academy in Phoenix Area
Great Hearts has purchased a office/warehouse property in North Scottsdale, Ariz., with plans to open a new campus for the 2018-2019 school year.
Tru by Hilton Opens in Vegas
The property is currently the largest hotel under the Tru brand. It is owned by the United Brotherhood of Carpenters and managed by Prism Hotels & Resorts.
Lee & Associates Facilitates Warehouse Sale in AZ
Upon closing, 13,640 square feet were vacant, but have since been leased. BGP Designs occupies more than half of the 35,500-square-foot building, which changed hands for $3.5 million.
EastGroup to Develop 98 KSF Industrial Facility in Phoenix
EastGroup Properties aims to attract multiple tenants, appealing to the area’s diverse industry profile. The property is situated at 3110 N. Greenfield Road, near major thoroughfares.
Virtua Closes Fund, to Acquire 13 AZ Properties
The company plans to add value to the purchased infill locations by obtaining entitlements for them, or by building via its affiliate, Quyp Development.
Paradise Valley Buys Phoenix Retail Center for $11M
The 54,430-square-foot Pueblo Point Shopping Center is situated in an infill location, with high barriers to entry for other potential retail developments. The area’s demographics are favorable, with an average household income of more than $92,000 within a five-mile radius.
Hilton Opens New Hotel on Mississippi’s West Bank
Homewood Suites by Hilton New Orleans Westbank Gretna is located only 15 minutes from the attractions of the French Quarter and about 25 minutes from Louis Armstrong New Orleans International Airport.