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.
Hyperscale Data Center Campus Coming to DFW
The master-planned development known as AllianceTexas will be the home of a massive hyperscale data center, T5@Alliance. At full build-out, over 400 MW of dedicated critical power will be available.
Equinix Acquires Istanbul Facility for $93M
The company acquired three buildings from Zenium, one of which currently serves as a colocation facility that generates annual revenues of $2.5 million.
Digital Realty Extends Silicon Valley Footprint
The company already has 99 MW available in Santa Clara, across 17 facilities. A new one will be added at 3205 Alfred St., with an estimated investment price of $75 million.
Xenia Buys Arlington Hotel for $105M
The hotel is situated in one of the busiest upscale segments of Arlington county. The property recently underwent an $11 million renovation.
Las Vegas 644 KSF Site Changes Hands
Marcus & Millichap represented the seller in the transaction, which hit a record-high price of $18.5 million. The Las Vegas Strip is nearby, as is the planned future home of the NFL’s Las Vegas Raiders.
Philly Investor Nabs Shopping Center in the Metro
The 359,673-square-foot property boasts good exposure and is situated off a major junction in Exton, Penn., only 30 miles from Philadelphia.
Phoenix Commerce Center Trades for $14M
Kidder Mathews brokered the sale of a 93,725-square-foot industrial asset known as Pinnacle Peak Commerce Center. The company was retained to manage the property.
DSC Partners Appoints new SVP
The recently-formed company has brought on a new senior vice president to provide strategic planning and venture relationship management.
CapRock Buys Phoenix Facility for $8M
The company acquired an industrial property in an off-market transaction, with plans to transition the asset to Class A standards.
JLL Brings Phoenix Center to Full Occupancy
The strip center known as Hurley Plaza is 100 percent leased, with four new businesses joining the tenant roster in a high-traffic area.