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MCA Realty Enters Puget Sound Metro with First Acquisition

MCA Realty Enters Puget Sound Metro with First Acquisition 150 150 MCA Realty

MCA Realty acquired Lakewood Business Park, a 136,350-square-foot multi-tenant industrial asset in Lakewood for $18.2 million. The deal marks the Orange County, CA-based buyers’ first acquisition in Washington

MCA Realty Sells Off Vegas Assets for $17.26 Mil

MCA Realty Sells Off Vegas Assets for $17.26 Mil 150 150 MCA Realty

LAS VEGAS, NEVADA. — MCA Realty has collected $17.26 mil from the sales of three multi-tenant industrial buildings and a parcel of land in the Las Vegas metro area. In the largest of the transactions, MCA Realty sold Arville Gateway Center, a 43.7k sf multi-tenant industrial asset located...

MCA Realty Sells Diaz Commerce Center in Orange County for $14M

MCA Realty Sells Diaz Commerce Center in Orange County for $14M 150 150 MCA Realty

TEMECULA, CALIF. — MCA Realty has completed the disposition of Diaz Commerce Center, an industrial facility located at 27711 Diaz Road in Temecula. A local investor acquired the asset for $14 million. 

MCA Expands SoCal Portfolio; Acquires First Property in San Diego County

MCA Expands SoCal Portfolio; Acquires First Property in San Diego County 150 150 MCA Realty

Orange County-based MCA Realty acquired a 40,990-square-foot multi-tenant industrial asset in Escondido, CA for $5.9 million. The property, at 2750 Auto Park Way, consists of two buildings with a total of 13 suites, two of which are vacant. MCA Realty plans to renovate the existing vacant space, as well as update individual suites as leases roll. The new owner has also planned some exterior aesthetic upgrades and increased identity signage. The property has strong street visibility, with 300 feet of frontage on W. Mission Road and 750 feet of frontage along Auto Park Way.

MCA Realty Enters San Diego Industrial Market

MCA Realty Enters San Diego Industrial Market 150 150 MCA Realty

The company purchased a two-building property that encompasses almost 41,000 square feet and revealed plans to renovate the existing vacant space. MCA Realty has expanded its Southern California presence with the acquisition of a 40,990-square-foot, multi-tenant industrial asset in Escondido. The firm acquired the two-building property for $5.9 million from a private investor. Colliers International assisted the buyer in the deal.

Las Vegas Office Investments See Healthy Appreciation

Las Vegas Office Investments See Healthy Appreciation 150 150 MCA Realty

Las Vegas office assets are seeing healthy appreciation. MCA Realty has sold a nearly 30,000-square-foot office asset in Henderson, a submarket of Las Vegas, for double the original sales price. MCA purchased the asset in 2016 and executed a renovation project to market the property to global call centers. The price appreciation in only two years shows the growth in the Las Vegas market. “The pricing appreciation has largely been a product of the reduction in the supply-demand imbalance in the office sector,” Tyler Mattox, principal at MCA Realty, tells GlobeSt.com. “Vacancy at quarters end was about 15%, and while this is still relatively high, it is about 50%  below vacancies from only a few years ago.  Further, Las Vegas has significant vacancy concentrated in some buildings and submarkets like the East and Central East that have significant functional obsolescence, so this dynamic skews the statistics a bit as well.”

MCA Realty Expands Southern California Portfolio

MCA Realty Expands Southern California Portfolio 150 150 MCA Realty

December 6, 2018 – MCA Realty, a full service real estate investment and management company based in Orange County, California, has acquired a 40,990 square-foot multi-tenant industrial asset in the North San Diego submarket of Escondido, California. The firm acquired the property for $5.9 million. “WE HAVE BEEN EXTREMELY ACTIVE IN MULTIPLE GEOGRAPHIES THROUGHOUT THE WESTERN REGION OVER THE LAST SEVERAL YEARS AND ARE NOW EXPANDING OUR PORTFOLIO INTO SAN DIEGO WITH THIS ACQUISITION AND ARE LOOKING TO ACQUIRE MORE ASSETS IN THE REGION OVER TIME,” EXPLAINS TYLER MATTOX, PRINCIPAL AT MCA REALTY.

MCA Realty Sells Gibson Tech Center for $6.98M

MCA Realty Sells Gibson Tech Center for $6.98M 150 150 MCA Realty

November 16, 2018 – MCA Realty, a full service real estate investment and management company based in Orange County, California, has sold Gibson Tech Center, a 29,988 square-foot office building in Henderson, Nevada for $6.98 million. The firm acquired the asset in late 2016 for $3.15 million, according to Tyler Mattox, Principal at MCA Realty.  

Nevada Office Property Trades for $7 Mil

Nevada Office Property Trades for $7 Mil 150 150 MCA Realty

A private investor paid $7 mil for Gibson Tech Center, a 30k sf office building in Henderson, NV. The asset, located at 168 North Gibson Rd, was sold by MCA Realty, who acquired the property in late 2016 for $3.15 mil. “We acquired Gibson Tech Center with a very specific business plan in-place,” explains Tyler Mattox, Principal at MCA Realty. “We recognized the abundant parking at the property as a strong amenity and unique characteristic within the marketplace. We decided to market the asset to call center operators and similar tenants with above average parking needs.”

MCA Realty Spends $26.5 Mil on Two Inland Empire Assets

MCA Realty Spends $26.5 Mil on Two Inland Empire Assets 150 150 MCA Realty

MCA Realty recently expanded its portfolio in the Inland Empire with the acquisition of two assets, a retail property in Moreno Valley and an industrial asset in Temecula, California. The two properties traded for a combined price of $26.5 mil. In Moreno Valley, MCA Realty paid $16.5 mil for 117.2k sf portion of Stoneridge Towne Centre, a Target and Kohl’s shadow anchored retail center. The acquisition includes four multi-tenant retail buildings and two retail boxes, as well as four developable pads encompassing 5.24 acres. The retail assets are 88% occupied with Best Buy and West Elm currently occupying the two box spaces on short term leases.

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