Past Projects

MCA’s principals and affiliates have successfully invested in numerous commercial real estate transactions since 2002, outlined below are brief narratives on these properties.

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  • Whitney Ranch Business Center – Henderson, NV
    Whitney Ranch Business Center – Henderson, NV

    Whitney Ranch Business Center is a 57,031 square foot incubator multi-tenant industrial/auto business park built in 2000 that fronts the freeway in Henderson, NV.  MCA acquired the property in a short sale transaction that involved a prolonged negotiation with a special servicer.  MCA’s acquisition price was over a million dollars below the CMBS loan tied to the property.

  • Remington Land - Temecula, CA

    During escrow MCA sold a 2.2 net acre land parcel and double escrowed the closing at a 25% premium to its contract purchase price.

  • Arrow Route Business Plaza - Upland, CA
    Arrow Route Business Plaza - Upland, CA

    Arrow Route Business Plaza is a +/- 40,000 square foot incubator multi-tenant industrial project that MCA acquired from First Citizens Bank REO department.  At close of escrow the property was 0% leased.  Within the first year of its ownership, MCA was able to stabilize the property, finalize the Association and CC&Rs pursuant to the recorded condo map, and sell two of the fifteen units at double its allocated purchase price.

  • 51 Columbia—Aliso Viejo, CA
    51 Columbia—Aliso Viejo, CA 51 Columbia is a 33,436 square foot R&D/Office building.  MCA’s principals terminated the lease with the former owner of the property, and negotiated a new seven year lease for the entire building with a public software company, Smith Micro Software.  The tenant spent in excess of $1 Million of their own capital on tenant improvements adding substantial value to the building.  The intimate knowledge of this Tenant and their history in the property allowed MCA’s principals to negotiate favorable lease terms for the partnership.
  • Grove Avenue Business Park – Ontario, CA
    Grove Avenue Business Park – Ontario, CA Grove Avenue Business Park is a 62,000 square foot incubator multi-tenant industrial park made up of twelve separate buildings on a major arterial near the Ontario airport. MCA was able to acquire the 100% occupied property at a price significantly below replacement cost. After renovating the exterior and common area and aggressively raising rents, this property was sold in January 2014 resulting in a very attractive return the partnership.
  • 6245, 6275, & 6290 Harrison Drive – Las Vegas, NV
    Harrison Drive is an 87,000 square foot incubator multi-tenant industrial project in the Airport submarket of Las Vegas.  Prior to closing escrow, MCA was able to assign its position to an investor substantially above its contracted purchase price thereby earning a profit without ever taking ownership of the property.
  • Business Park Drive – Temecula, CA
    Business Park Drive – Temecula, CA

    Business Park Drive is a 91,326 square foot two-tenant industrial building that MCA acquired in an off-market transaction in a very tight Temecula leasing market. The property was 47% occupied however MCA was able to negotiate a lease for the remainder of the building on a long term basis during the escrow period bringing the project to 100% occupancy.

  • 1815 E. Carnegie – Santa Ana, CA
    1815 E. Carnegie is a 28,500 square foot industrial building acquired from a division of General Electric.  The property had not been occupied for several years, and had substantial deferred maintenance.  MCA’s principals renovated the entire property, and dramatically upgraded the façade with additional glazing, new landscaping, and demolition of functionally obsolete improvements.  The property is currently 100% leased, and MCA’s principals divested of their interest in 2009.
  • 6920 Stanton Avenue—Buena Park, CA
    MCA’s principals completed a substantial renovation of a 43,710 square foot industrial building.  The property was abandoned by a prior Tenant, and required significant capital improvements.  After the renovation, MCA’s principals leased the property to Auto Nation Corporation and subsequently sold the property to Auto Nation resulting in a substantial profit to investors over a four year period.
  • 25230 Avenue Stanford—Santa Clarita, CA

    25230 Avenue Stanford is a 24,517 square foot single tenant industrial building that was acquired with minimal term remaining on the tenant’s lease.  MCA’s principals were able to subsequently renew the lease with the tenant and significantly increase the property’s value.  The property was later sold to an investor at a substantial profit to the investors.

  • Commercentre Drive / Alton Parkway—Lake Forest, CA
    MCA’s principals acquired a five acre flood detention basin in a mature south Orange County business park.  During the escrow period, the partnership was able to negotiate with multiple governmental agencies to secure a legal abandonment of the retention basin  This change in use resulted in a significant increase in value for the property.  MCA’s ownership interest was sold in 2010.
  • 7888 Lincoln Avenue—Riverside, CA
    MCA’s principals acquired an existing 77,000 square foot single tenant manufacturing building with excess land leased to Morgan Truck Body. Approximately three months after close of escrow, and a restructure of the in place lease, the property was resold resulting in a 65% internal rate of return to the investors
  • 2740 N. Grand Avenue—Santa Ana, CA

    2740 N Grand Ave is a 15,570 square foot Bank branch / office building originally leased entirely to US Bank.   Shortly after closing escrow, MCA’s principals were able to restructure and renew the lease with US Bank and another tenant resulting in an approximate $2,000,000.00 increase in value to the ownership.

  • Nordhoff Business Park - Chatsworth, CA
    Nordhoff Business Park - Chatsworth, CA

    Nordhoff Business Park is an 98,000 square foot incubator multi-tenant industrial project.  MCA‘s principals acquired approximately 80% of the project at values below replacement cost.  The Ownership entity continues to strategically sell and lease its remaining inventory in order to maximize value to its investors.