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.
Savills Studley Relocates Dallas Office
The real estate advisory firm will occupy an entire floor of the iconic Chase Tower. The new office space represents a 15 percent size increase from the company’s previous location.
Northeastern PA Industrial Portfolio Changes Hands
Cushman & Wakefield’s Industrial Advisory Group mediated the sale of an industrial portfolio totaling 544,974 square feet. The three buildings are located near an extensive network of highways.
Carter Validus Buys Two Data Centers for $34M
The company enlarged its data center portfolio with two assets, one in Tempe, Ariz. and another in King of Prussia, Pa. This year, the company invested over $1 billion in data center facilities.
Colocation Northwest Inks 7mW in Seattle Metro
Centeris’ SH1 facility is a LEED Gold certified building, offering over 40mW of total IT capacity. Colocation Northwest leased seven megawatts at the Puyallup, Wash. site.
Harrison Development Buys AZ Distribution Center for $14M
Central Arizona Distribution Center has 379,972 square feet available for leasing. The property is located near the interchange of I-8 and I-10, providing easy access to several major cities.
Armada Hoffler Initiates Phase VI of VA Development
Town Center, an ongoing partnership between Armada Hoffler Properties and the City of Virginia Beach, has seen more than $560 million in public and private funding. Phase VI brings two national retailers, as well as additional restaurants and apartments.
T5 Begins Next Phase of Chicago Facility
The data center owner and operator will add two megawatts to T5@Chicago. The site is primed for a future 170,000-square-foot, 16mW expansion.
Fuqua to Develop ATL Mixed-Use Asset
Madison Yards, in Atlanta’s Reynoldstown, is Fuqua Development’s newest mixed-use project. The company plans to invest $250 million in the 17-acre site to develop 600 residential units and 130,000 square feet of retail, restaurant and office space.
Atlanta Business Park Trades for $3.2M
The 45,960-square-foot multi-tenant asset was 95 percent leased at the time of the transaction. Earlier this year, it was subject to a refinancing deal which included several industrial assets.
Equinix Expands DC Footprint
DC12 is Equinix’s new Ashburn, Va., International Business Exchange facility, located across the street from DC10. At full build, the 57,800-square-foot building will have approximately 3,000 cabinets for potential clients.