Simona Tudose

Associate Editor at Multi-Housing News

Associate Editor at Commercial Property Executive

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Articles

IQHQ Inks 50 KSF Life Science Lease in San Diego

1 week ago | commercialsearch.com | Simona Tudose

By Simona Tudose May 7, 2025 OfficeBrokerageNewsSan DiegoWest This genomic research laboratory will be the first institute of this type to be located in the city's downtown area. The Core is totaling nearly 270,000 square feet at 950 Waterfront Place and came online last year as RaDD’s is third life science building. Image courtesy of CommercialEdge IQHQ Inc. has signed a 50,000-square-foot lease at its Research and Development District in downtown San Diego. Leading genomics research...
Holder Properties JV Lands $71M for Atlanta-Area Project

1 week ago | commercialsearch.com | Simona Tudose

By Simona Tudose May 7, 2025 IndustrialDevelopmentFinanceNewsSoutheast JLL Capital Markets helped structure the construction loan and joint venture equity. The developers of Coal Mountain Industrial Park will deliver the three buildings in separate phases. Image courtesy of JLL Holder Properties and Tamarack Investments have secured $46 million in construction financing and $25 million in joint venture equity for the development of a 608,642-square-foot industrial facility in Cumming, Ga....
STRO Lands Refi for New Jersey Industrial Facility

1 week ago | commercialsearch.com | Simona Tudose

By Simona Tudose May 7, 2025 FinanceIndustrialNew YorkNewsNortheast City National Bank provided the five-year loan. The shallow bay Wyckoff facility at 500 W. Main St. is on a 13-acre lot, in a prime infill location with multiple highways nearby. Image courtesy of JLL The STRO Cos. has secured a $14.5 million refinancing loan for a multi-tenant industrial facility totaling 115,084 square feet in Wyckoff, N.J. JLL Capital Markets negotiated on behalf of the borrower, while City National Bank...
ValorC3 Data Centers Eyes Idaho Expansion

1 week ago | commercialsearch.com | Simona Tudose

By Simona Tudose May 7, 2025 Data CentersDevelopmentNewsWest The AI-ready facility will be operational starting 2027. The second ValorC3 data center in Boise, Idaho, will be operational in 2027. Image courtesy of ValorC3 Data Centers ValorC3 Data Centers will soon start construction on a 10 megawatt data center project in Boise, Idaho. Expected to begin operations in 2027, the facility will boost the company’s capacity in the city to 12 megawatts. The project represents ValorC3’s second data...
Morgan Stanley Pays $343M for 1.3 MSF National Portfolio

1 week ago | commercialsearch.com | Simona Tudose

By Simona Tudose May 5, 2025 InvestmentIndustrialNationalNews The sale-leaseback deal involved four assets across four markets. The 2019-built facility at 21800 Authority Way in Riverside, Calif., is the largest of the four that changed hands, at 620,000 square feet. Image courtesy of CommercialEdge Morgan Stanley has paid approximately $343 million to Nissan North America Inc. for an industrial portfolio, according to CommercialEdge information. The sale-leaseback deal included four...
Paramount Group Inks HQ Relocation Deal in Manhattan

1 week ago | commercialsearch.com | Simona Tudose

By Simona Tudose May 5, 2025 BrokerageNew YorkNewsNortheastOffice The tenant signed a long-term agreement at the 29-story office building. The office building at 31 W. 52nd St. rises 29 stories and includes column-free floorplates and ground-floor retail spaces. Image courtesy of CommercialEdge Mudrick Capital Management has signed a 26,600-square-foot, 12-year lease at 31 W. 52nd St., a 29-story office tower in Manhattan’s Plaza District. Transwestern brokered the deal on behalf of the...
Top 5 Office Projects Under Construction in Miami

2 weeks ago | commercialsearch.com | Simona Tudose

By Simona Tudose April 30, 2025 OfficeDevelopmentFinanceIn FocusMiami There are 2.5 million square feet of office space currently underway in Miami, according to CommercialEdge. Miami’s office construction activity continued solid performance recorded throughout 2024. During the first three months of the year, the metro’s pipeline consisted of 2.5 million square feet of space across 16 properties, according to CommercialEdge data. This accounted for 3.1 percent of its existing stock, above...
Office Investment Activity Picked Up in Q1 2025

2 weeks ago | commercialsearch.com | Simona Tudose

By Simona Tudose April 30, 2025 OfficeNational This year shows a promising start, with $10.1 billion in office sales at the end of the first quarter, according to CommercialEdge. Source: CommercialEdge, a Yardi Systems Company In the first quarter of 2025, office sales totaled $10.1 billion with 486 deals closing and 61.6 million square feet changing hands, the latest CommercialEdge data shows. Compared to the previous year’s first-quarter data, even if the number of deals was similar—485...
PSAI Realty Lands $51M for Bay Area Facility

2 weeks ago | commercialsearch.com | Simona Tudose

By Simona Tudose April 28, 2025 FinanceIndustrialNewsSan JoseWest City National Bank provided the financing. Completed in 1978, the one-story facility was most recently renovated in 2013. Image courtesy of CommercialEdge PSAI Realty Partners has landed a $51 million loan backed by a 138,410-square-foot facility in Sunnyvale, Calif., according to CommercialEdge information. City National Bank’s Los Angeles branch originated the 10-year financing. The Class B property occupies 8 acres at 1220...
San Francisco Office Market Begins 2025 on a High Note

3 weeks ago | commercialsearch.com | Simona Tudose

By Simona Tudose April 23, 2025 Market UpdatesDevelopmentIn FocusInvestmentNewsOfficeSan FranciscoWest The metro registered high sales prices this year, according to CommercialEdge data. In the first two months of 2025, San Francisco continued to post the highest office vacancy rate in the nation. Meanwhile, other fundamentals showed significant improvement, when compared to the same period last year, according to the latest CommercialEdge data. Despite developers breaking ground on a single...