MCA Realty Expands Southern California Portfolio 150 150 MCA Realty

MCA Realty Expands Southern California Portfolio

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 150 150 MCA Realty

MCA Realty Sells Gibson Tech Center for $6.98M

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 150 150 MCA Realty

Nevada Office Property Trades for $7 Mil

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 150 150 MCA Realty

MCA Realty Spends $26.5 Mil on Two Inland Empire Assets

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.

MCA Realty Acquires 117,191 SF Value-Add Retail Property in California for $16.5M 150 150 MCA Realty

MCA Realty Acquires 117,191 SF Value-Add Retail Property in California for $16.5M

MORENO VALLEY, CALIF. — MCA Realty has purchased a portion of Stoneridge Towne Centre, a retail center located in Moreno Valley, for $16.5 million. Totaling 117,191 square feet, the acquisition includes four multi-tenant buildings and two retail boxes located at 27110, 27120, 27130, 27140, 27190 and 27220 Eucalyptus Ave., as well as four developable pads totaling 5.24 acres. At the time of sale, the retail assets were 88 percent occupied, with Best Buy and West Elm currently occupying the two box spaces on short-term leases. Phil Voorhees, Jimmy Slusher, James Tyrrell and John Read of CBRE represented the buyer and undisclosed seller in the transaction.  

MCA Expands Portfolio With Pair of Properties 150 150 MCA Realty

MCA Expands Portfolio With Pair of Properties

Irvine, CA-based MCA Realty expanded its Inland Empire portfolio with the acquisition of two assets, a retail property in Moreno Valley and an industrial asset in Temecula, CA. The assets were acquired for a combined $26.5 million. The Moreno Valley acquisition includes four multi-tenant retail buildings and two retail boxes totaling 117,191 square feet, as well as four developable pads encompassing 5.24 acres at Stoneridge Towne Centre (pictured). The firm acquired the assets at 27110 to 27220 Eucalyptus Ave. for a combined total of $16.5 million.

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