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.
LMC to Manage, Lease NJ Shopping Center
The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset.
NAI Tapped to Lease New Atlanta-Area Industrial Asset
Prologis’ property, which is slated to come online by the end of 2018, is located just off Interstate 285 and will offer 245,000 rentable square feet.
CyrusOne to Expand DFW Presence
CyrusOne currently operates two other facilities in the DFW area. Together with the newly planned campus in Allen, the company’s footprint will exceed 1.7 million square feet.
QTS to Expand NoVa Footprint With Two New Facilities
The company plans to expand into multiple U.S. growing data center markets in the near future. In addition to the new Northern Virginia campus, it has also purchased land parcels in Hillsboro, Ore., and Phoenix.
Hoefer Wysocki Adds VPs to Dallas Office
The two new hires have combined experience of more than 55 years. Travis Leissner will focus on healthcare and education, while John Ruggieri will contribute his extensive urban design experience.
T5 Opens New Dallas Facility
The new greenfield, purpose-built facility boasts the same construction parameters as the rest of T5’s projects in its campus in Plano, Texas, and is LEED Silver certified.
Vantage Adds 9MW to Santa Clara Campus
The data center company will continue expanding its Santa Clara presence. In addition to the newly completed V6, another building is slated for completion in 2018, as well as a new campus.
Joint Venture Nabs Philly-Area Shopping Center
CBRE obtained $18 million in financing for the purchase of Forks Town Center in Easton, Penn. The 100,250-square-foot property is anchored by a Giant Food Store.
Phoenix Industrial Asset Reaches Full Occupancy
JLL signed new tenants InVue and Aquafil, bringing Colony NorthStar’s industrial portfolio to full occupancy. The market’s record-low vacancy and all-time high absorption rates made for an attractive investment opportunity.
USAA Phoenix Master-Planned Community Breaks Ground
The upscale 400-acre community will feature entertainment, shopping and dining options to its residents. USAA Real Estate expects to finish the first phase within one year.